Sleepwell-parent acquires Kurlon Sleepwell plans to buy about 35% of Furlenco for Rs 300 crore in cash, subject to typical working capital and other adjustments. This puts the Bengaluru-based company's valuation at over Rs 857 crore (more than $100 million). The business also said that it will pay Rs 2,035 crore for a controlling interest (94.66%) in Kurlon Enterprises, which controls the Kurlon brand. Kurlon will be worth roughly Rs 2,150 crore ($260 million) after the transaction. #sleepwell #kurlon #BusinessNews #Furlenco #Entrackr #news https://entrackr.com/2023/07/sleepwell-parent-acquires-kurlon-scoops-up-35-stake-in-furlen