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Central Bank of India nears deal for FEL's insurance stakesFuture Enterprises, undergoing insolvency proceedings, saw Central Bank of India emerge as the frontrunner to acquire its 25% and 33% stake...
Future Enterprises' creditors scrap simultaneous vote for its assetsCreditors had divided FEL's assets into three clusters - insurance, textile businesses, and other residual stakes including its investments...
Future Enterprises gets bids for manufacturing units, insurance bizLenders had offered different parts of the company for sale after the initial attempt to sell the whole company failed to get substantial b...