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Future Retail Firm: Adani, Ambani are one of 49 buyers who have expressed interest in purchasing Future Retail. Big Bazaar is home to 835 Reliance Group outlets.
A Gordon Brothers-led international consortium, Jindal Power have also expressed interest in Future Group’s flagship firm
On March 23, 2023 creditors of Future Retail invited new expressions of interest where prospective buyers can bid for the debt-ridden firm as it failed to attract a resolution plan in over 4 months
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.
As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process.