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Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
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Future Group Creditors Said to Scramble to Recover $2.5 Billion Loans Amid Reliance Deal Woes
Future Group's creditors are exploring options to recover more than $2.5 billion (roughly Rs. 18,180 crores) in loans, amid worries the Indian retailer's planned sale of assets to Reliance Industries could fail, four bankers with knowledge of the matter said.
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Future Retail Holds Shareholders' Meet On Asset Sale To Reliance Retail
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.
-
Future Group Creditors Said to Scramble to Recover $2.5 Billion Loans Amid Reliance Deal Woes
Future Group's creditors are exploring options to recover more than $2.5 billion (roughly Rs. 18,180 crores) in loans, amid worries the Indian retailer's planned sale of assets to Reliance Industries could fail, four bankers with knowledge of the matter said.
