Reliance Industries to acquire Future Group’s retail, wholesale, logistics and warehousing business for $3.38 billion

Reliance Industries on Saturday said it has agreed to acquire the retail and wholesale business and the logistics and warehousing business of Future Group in a deal valued at $3.38 billion, including debt. Future Group’s business has been hit by a slowing economy and the impact of the coronavirus pandemic. Mukesh Ambani-led Reliance has recently […]