Adani Group

Reliance buys Adani Retail

Indiaretailing Bureau - December 5, 2006

Gujarat based Adani Group sold its retail wing, Adani Retail to Reliance Retail for Rs.1-Rs1.10 billion. This is the first major acquisition in the domestic market by Reliance Retail. Through the acquisition, Reliance gets access to 54 stores in...

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