HIGH HOPES ON RELIANCE RETAIL-FUTURE GROUP DEAL LIKELY TOMORROW

Highlights

• According to the reports, it is going to be an all cash deal that will see Reliance Retail taking over all the debts and liabilities of Future Group along with a minority stake I. Future Enterprises

• The estimated value of this transaction will be aroun...

RELIANCE ALL SET TO TAKE OVER KISHORE BIYANI'S FUTURE GROUP

Highlights

• RIL wants to complete this deal before its AGM on July 15

• Jeff Bezos' Amazon intended to acquire Kishore Biyani led Future Group, but RIL offered thorough solution to the company’s debt issues

• Future Group's Future Retail...