Reliance calls off Rs 24,713-cr deal with Future after secured creditors gives a thumbs down
Reliance calls off Rs 24,713-cr deal with Future after secured creditors gives a thumbs down
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Reliance calls off Rs 24,713-cr deal with Future after secured creditors gives a thumbs down
Reliance on Saturday called off Rs 24,713-crore deal with Kishore Biyani-led Future Group to acquire its retail, wholesale, logistics and warehousing assets as secured creditors of the latter voted against it.
The 2020 deal has been the centre of a massive legal dispute between Amazon and Future
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.