Salon chain Naturals eyeing 2028 IPO if Reliance talks fail

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Indian salon chain Naturals remains in talks with Reliance over a potential stake sale, but discussions have slowed as the two sides have yet to agree on a deal structure, co-founder C.K. Kumaravel said in an interview.

Naturals plans to go public by 2028 if ‌negotiations with Reliance ⁠don't bear ⁠fruit, Kumaravel told Reuters on the sidelines of a Retailers Association of India event in Mumbai.
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