In the last few days, there have been a slew of reports about a likely deal where Reliance Retail could buy a controlling stake in Future Retail. Here is why the deal will add value to the Reliance group as well as bail out the Future Group.
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How the Reliance buyout can help Future Group out of the mess In the last few days, there have been a slew of reports about a likely deal where Reliance Retail could buy a controlling stake in Future Retail. Here is why the deal will add value to the Reliance group as well as bail out the Future Group. Speed is the essence While Reliance may not be the only suitor for Future Group, it is known for its penchant for speed in executing such deals. In the Jio Platforms monetization, RIL showed its capacity to close out mega deals in a short period of time. If RIL is really serious about this deal, it should not take too long for the deal to see the light of day. Among the various suitors, Reliance is the only potential buyer that expressed interest in buying into Future Retail apart from taking a stake in other group companies. That could be the differentiator. READ MORE...Best Online Stock Trading, Financial Services Mutual Funds Investment Solution provider India - Trustline