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Reliance Retail files for Indian merger clearance for Future Group deal

( September 24, 2020, 08:49 GMT | Official Statement) -- MLex Summary: Reliance Retail, a Reliance Industries subsidiary, has filed for Indian merger clearance to acquire seven Future Group entities, a mixture of listed and unlisted companies engaged in retail, wholesale, logistics and warehousing. Reliance Retail operates in food, grocery, consumer electronics and apparel.  The companies say the relevant markets are those for retail in India and business-to-business sales in India. A summary merger filing is attached. ...

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