In the latest M&A transactions, Blackstone has acquired a 6 per cent stake in Kishore Biyani-led Future Lifestyle while Amazon is in initial discussions to acquire up to 26 per cent stake in Reliance Retail.
Blackstone acquires 6% in Future Lifestyle
Global private equity major Blackstone has acquired about a 6 per cent stake in Future Lifestyle Fashion Ltd (FLFL), part of Kishore Biyani-led Future Group, for about Rs 545 crore (about $79 million).
