Future Group shares latest news
Future Retail, Future Lifestyle Fashions and Future Supply Chain will be merged.
Also, RIL might be interest in few brands of Future Consumer.
Mukesh Ambani’s RIL is willing to close deal before 15th July ie. AGM date fixed for 2020.
FutureGenerali to sell its majority stake in the general insurance to SBI General joint venture, and on Premji Invest for its life insurance venture.
Future Group will be left with FEL, Praxis Home Retail Ltd., Future Market Networks Ltd. and some portion of Future consumer.
But it is assumed that Future Group will be debt free.