Trent Limited (BSE:500251) agreed to acquire 51% stake in Booker India Pvt. Ltd. for approximately INR 220 million on September 23, 2019. Under the terms of the transaction, Trent Limited will pay INR 220 million in cash. As part of transaction, Trent Limited will also acquire Booker Satnam Wholesale Private Limited which is wholly owned subsidiary of Booker India Pvt. Ltd. For the year March 31, 2019, Booker India Pvt. Ltd had revenues of INR 2.4 billion. The transaction is expected to close on or before October 31, 2019. Trent Limited (BSE:500251) completed the acquisition of 51% stake in Booker India Pvt. Ltd. during the 2nd quarter ended September 30, 2019.