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Pantaloon Retail: Not In Deal To Sell Stake In Staples Joint Venture

BANGALORE -(Dow Jones)- Pantaloon Retail (India) Ltd. (523574.BY) said Thursday it hasn't entered into any transaction to sell its stake in a joint venture with Staples Inc. (SPLS) to the U.S.-based office-supplies retailer. "The company shall inform about any firm and binding decision no sooner approved by the board, to the regulators and the shareholders," Pantaloon Retail said in a notice sent to the stock exchanges. The notice comes in response to an Economic Times report, citing two unidentified analysts, that said Pantaloon is planning to sell its stake in a deal which could fetch the company about INR2 billion ($41 million). As of March 31, 2011, Pantaloon held a 39.49% stake in the joint venture with Staples, the newspaper reported. -By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

Stock News for Staples (SPLS)
DateTimeHeadline
06/23/201608:00:00Katy Perry and Staples Unveil Public Service Announcement to...
06/21/201607:00:00Staples Debuts New Trends for 2016 Back-to-School Supplies at...
06/20/201618:00:41Statement of Changes in Beneficial Ownership (4)
06/20/201618:00:12Statement of Changes in Beneficial Ownership (4)
06/20/201617:59:46Statement of Changes in Beneficial Ownership (4)
06/20/201617:58:22Statement of Changes in Beneficial Ownership (4)
06/20/201617:57:55Statement of Changes in Beneficial Ownership (4)
06/20/201617:57:10Statement of Changes in Beneficial Ownership (4)
06/20/201617:56:19Statement of Changes in Beneficial Ownership (4)
06/20/201617:55:20Statement of Changes in Beneficial Ownership (4)
06/20/201617:54:19Statement of Changes in Beneficial Ownership (4)
06/20/201617:53:35Statement of Changes in Beneficial Ownership (4)
06/20/201617:52:33Initial Statement of Beneficial Ownership (3)
06/20/201617:51:38Initial Statement of Beneficial Ownership (3)
06/20/201617:50:47Initial Statement of Beneficial Ownership (3)
06/19/201622:50:00Antitrust Regulators Concerned About an Anthem-Cigna Merger
06/16/201612:07:00Staples Partners with United Way Locations Across North America...
06/15/201616:34:22Current Report Filing (8-k)
06/14/201616:45:00Staples, Inc. Announces Second Quarter 2016 Dividend
06/14/201606:57:00Staples to Roll Out Same-Day Delivery Service “Staples RushSM”

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