India Digest: Reliance Retail, Medica hospital chain, Super-Max in M&A news

Shirts in a rack displayed in a garment store. Photo: Pixabay

Reliance Retail has acquired the John Players clothing brand from ITC, while private equity firm Quadria is looking to sell Medica hospital chain. Also, Actis is scouting for buyers for its stake in Super-Max.

Reliance acquires ITC’s John Players brand

The retail unit of Reliance Industries has acquired menswear brand John Players from FMCG and retail major ITC Ltd for around Rs 150 crore, said a report in The Economic Times quoting sources.

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