Future Retail

Amazon Claims Insider Trading In Latest Bid To Halt Reliance’s Deal For Future Group

Amazon Claims Insider Trading In Latest Bid To Halt Reliance’s Deal For Future Group
Amazon Claims Insider Trading In Latest Bid To Halt Reliance’s Deal For Future Group
November 11, 2020  |  Amazon

Amazon is upping the ante in its bid to thwart the $3.4 billion acquisition of Future Retail by the U.S. tech company’s major Indian eCommerce...

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Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale
Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale
November 08, 2020  |  Legal & Regulation

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 billion asset sale deal with Reliance Industries and has challenged the...

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Report: Amazon Alleges India’s Future Retail Breached Its Contract
Report: Amazon Alleges India’s Future Retail Breached Its Contract
November 01, 2020  |  Amazon

Amazon, which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries, has asked...

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India’s BSE Will Consult Regulator Over Deal Between Future, Reliance
India’s BSE Will Consult Regulator Over Deal Between Future, Reliance
October 30, 2020  |  Partnerships

India’s Bombay Stock Exchange (BSE) is planning to consult with the market regulator regarding a purchase deal between Reliance Industries and Future Retail, after Amazon...

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India’s Future Retail Says It Faces Selloff If Reliance Deal Falls Through
India’s Future Retail Says It Faces Selloff If Reliance Deal Falls Through
October 26, 2020  |  Legal & Regulation

India-based Future Retail is facing liquidation if it can’t enter into Reliance‘s deal to purchase assets, according to Reuters, citing a legal order in which...

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Future Retail, Reliance Deal Held Up By Amazon Claim
Future Retail, Reliance Deal Held Up By Amazon Claim
October 26, 2020  |  Partnerships

The $3.4 billion offer by Reliance Industries to purchase Future Retail has been stayed by the Singapore International Arbitration Centre (SIAC) in response to a...

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India’s Future Retail Narrowly Avoids Debt Default
India’s Future Retail Narrowly Avoids Debt Default
August 24, 2020  |  Debt

Future Retail, a sprawling brick-and-mortar operation owned by Indian billionaire Kishore Biyani, made a $14 million interest payment to debt-holders on Monday (Aug. 24) –...

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Amazon Stake Spikes India’s Future Retail Shares By 13 Pct.
Amazon Stake Spikes India’s Future Retail Shares By 13 Pct.
December 02, 2019  |  Amazon

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give...

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