All About Reliance - Future group deal worth 24,713 crore

· Mordern day Retail king Kishore Biyani quits and surrenders his business which he took 30 years to build · Mukesh Ambani Acquires future group's Retail,Wholesale,Logistics & Warehousing Business for 24,713 crore · This deal Becomes Largest Deal of 2020 in Asia 2020 is not a good year for all of us as COVID-19 hit the world and spoils everyone's life but Mukesh Ambani is exception here. first he got foreign investment in RIL own Jio platforms and later acquired Many business including the Recent one NetMeds and now acquires Future group’s whole business for Rs.24,713 crore let’s explore all about this deal. Future group's complete business will be distributed in to two subsidiaries of Reliance industry, Retail and wholesale will be transferred to Reliance Retail and fashion lifestyle limited (RRFL) and logistics and warehousing business will be transferred to Reliance Retail Ventures limited(RRVL). Reliance will clear out all the debt of Fut