Future Retail

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

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 / Acquisitions

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

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 / Acquisitions

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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Amazon In Talks To Acquire Part Of India’s Future Retail Ltd.
Amazon In Talks To Acquire Part Of India’s Future Retail Ltd.
August 13, 2019  |  Retail

As Amazon moves to strengthen its physical retail presence in India, the eCommerce retailer is reportedly in late-stage discussions to acquire up to 10 percent...

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