Indian billionaire business magnate Mukesh Dhirubhai Ambani who is the chairman, managing director, and largest shareholder of Reliance Industries Ltd. is scouting for investor in his retail business i.e. Reliance Retail Limited (a subsidiary company of Reliance Industries Limited. Founded in 2006).
Reliance Retail Ventures Ltd will acquire Future Group’s retail, wholesale, logistics and warehousing businesses for ₹24,713 crore. The much-awaited deal between RIL and Future Group got its go-ahead on Saturday.
