Grapevine: Samara struggles to sell More Retail stake; Morgan Stanley PE mulls an exit
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Grapevine: Samara struggles to sell More Retail stake; Morgan Stanley PE mulls an exit

By Sreeja Biswas

  • 07 Mar 2024
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Grapevine: Samara struggles to sell More Retail stake; Morgan Stanley PE mulls an exit
Credit: 123RF.com

Private equity firm Samara Capital has received a tepid response so far for a 20% stake sale in More Retail with potential investors citing valuation discrepancies and losses at the grocery retail company, a media report said.   Samara owns a 51% stake in More and was seeking a $2-billion (Rs 16,600 crore) valuation ......

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