Decoding Spencer’s Retail IPO Roadmap
  • Elizabeth George
  • Dec 26 2013

December 26: The Sanjiv Goenka Group will start demerging or listing Spencer's Retail, the moment the supermarket chain returns to profitability. This looks like a move to increase presence locally and compete with the international global brands entering the market. Bloomberg TV India discusses the Spencer’s Retail IPO roadmap and why this offering makes sense for the group.