Future Group shares rally up to 20% on deal with RIL | Sharefundss

Future Group shares rally up to 20% on deal with RIL

“Reliance Retail Ventures Ltd (RRVL), subsidiary of Reliance Industries, will acquire the retail and wholesale business and the logistics and warehousing business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate consideration of Rs 24,713 crore,” RIL said in a statement.

 
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