Future’s Kishore Biyani Buys Out Bharti Retail, To Become India's Largest Retail Player

The consolidation wave sweeps India's organised retail sector! Just a day after the Birlas announced a major restructuring of their branded apparel business, Kishore Biyani buys out Bharti Retail from the Mittals in a 750 crore worth all-stock deal to create India's largest retail chain. Here’s a detailed report on this big merger!