Reliance Retail buys Future Group’s retail, wholesale and supply chain business for Rs. 24,713 crore

Reliance Industries’s Reliance Retail today announced that it is acquiring Future Group’s Retail & Wholesale Business and the Logistics & Warehousing Business in a deal worth 24,713 crore. This is part of the Scheme in which Future Group is merging certain companies carrying on the aforesaid businesses into Future Enterprises Limited (FEL). Continue reading “Reliance Retail buys Future Group’s retail, wholesale and supply chain business for Rs. 24,713 crore”