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Raymond looking to sell stake in engineering tools unit JK Files

By Shrija Agrawal

  • 17 Oct 2013
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Raymond looking to sell stake in engineering tools unit JK Files

Apparel maker Raymond Ltd, whose brands include Park Avenue and Colorplus, is looking to sell stake in its unit involved in tools and hardware business, said sources familiar with the development.  Raymond’s wholly owned subsidiary JK Files (India) Limited is the largest manufacturer of steel files in the world.Sources said ......

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