India's Future Retail to acquire group company's infra assets for $571.4m

India's Future Retail to acquire group company's infra assets for $571.4m

The integration will see Future Retail adopt some of the international practices followed at Easyday put in place by Wal-Mart Stores Inc. Photo: Mint

Future Retail Ltd (FRL), the retail arm of Kishore Biyani-led Future Group, said it will buy the infrastructure assets of Future Enterprises Ltd for around 4,000 crore.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter