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Adani Group, RIL, 13 others bid for Future Retail's assets: Report
short by Srishty Choudhury / on Friday, 11 November, 2022
Adani Group, Reliance Industries and 13 other firms have entered the fray to acquire the assets of Future Retail (FRL), Reuters reported. Shalimar Corporation, Nalwa Steel & Power, United Biotech and WHSmith Travel are among other entities to have submitted expressions of interest. Future Retail was dragged into bankruptcy proceedings after its lenders rejected a $3.4-billion sale of assets.
read more at Reuters