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August 29, 2020 03:54 pm GMT

Indias Reliance Retail to acquire Future Groups retail, wholesale, and logistics businesses for $3.4 billion

Reliance Retail, Indias largest retail chain, has found a much simpler way to expand its dominant position in the country: Acquire most of the second largest chain’s units. On Saturday evening (local Indian time), Reliance Retail said it has reached an agreement with Future Group to acquire the latters retail and wholesaler business, and its […]

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