News: Pantaloon buys 51 % stake in CIG Infrastructure

(RTR 28/04/2006) Mumbai - Pantaloon Retail India Ltd, said on Friday its board had approved buying a 51-per cent stake in CIG Infrastructure Pvt Ltd. No financial details were immediately available.

The board also approved setting up a property division comprising 19 malls to be managed by a joint venture with CapitaLand Ltd, Singapore.