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- Reliance Industries Ltd (RIL) called off its deal to purchase Future Group's assets following rejection of the proposal by a majority of lenders to flagship Future Retail Ltd (FRL).
economictimes.indiatimes.com/industry/services/retail/ril-frl-deal-cancelled-key-implications-and-whats-next-for-the-future-group/videoshow/91048058.cmsRIL-FRL deal cancelled: Key implications and what's next for ...
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Almost 21 months after signing an agreement for a ₹ 24,713-crore deal with Kishore Biyani-led Future Group to acquire its retail, wholesale, logistics and warehousing assets, Reliance...
Apr 24, 2022 · Reliance Industries Ltd (RIL) called off its deal to purchase Future Group's assets following rejection of the proposal by a majority of lenders to flagship Future Retail Ltd (FRL).
Apr 23, 2022 · 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.
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Apr 24, 2022 · Virtually calling off the proposal to buy Future Retail’s assets, Reliance Industries Ltd (RIL) on Saturday said the takeover proposal can’t be implemented as secured creditors rejected the RIL plan.
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Sep 2, 2020 · As part of the Rs 24,713 crore deal, RIL through its wholly-owned subsidiary Reliance Retail Ventures Ltd (RRVL) will acquire the grocery, apparel and supply chain businesses of the Future Group. These businesses are currently housed under separate listed subsidiaries which will be merged into FEL before being transferred to RIL.
Aug 29, 2020 · Reliance Retail will now have access to close to 1,800 stores across Future Group's Big Bazaar, FBB, Easyday, Central, Foodhall formats, which are spread in over 420 cities in India. The deal...
Nov 20, 2020 · The retail and wholesale undertaking of Future Group will be transferred to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a wholly-owned subsidiary of Reliance Retail Ventures Ltd...