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A peek into Bharti Retail’s losses at the time of acquisition by Future Group

A peek into Bharti Retail’s losses at the time of acquisition by Future Group

13 May 2016

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A peek into Bharti Retail’s losses at the time of acquisition by Future Group

Bharti Retail Ltd was burdened with losses of Rs 379 crore at the time it was acquired by organised retailer Future Group. In May 2015, Kishore Biyani-promoted Future Group had acquired Bharti Retail from Bharti Enterprises Ltd in an all-stock deal worth Rs 750 crore.At that time, Bharti Retail operated ......