RIL Buys out Future Group

Photo: Business Standard

RIL Extends Deadline To Complete 'Future' Buyout

Reliance Retail Ventures Limited (RRVL) has officially extended its deadline by 6 months to figure out the nitty gritties of its ₹24,713 crore deal with Future Group. In August 2020, RRVL committed that it would buy out all retail and wholesale business, and the logistics and warehousing business in due time before September 2021. However, due to the future group's ongoing case with Amazon, the deadline has been pushed to March 2022.

Sat, 02 Oct 2021 - 01:45 PM / by Muskan Arora

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Future group.
Reliance India
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