Reliance to acquire Indian operations of Metro AG for ₹2,850 crore

2 Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd, has signed definitive agreements to acquire a 100% stake in METRO Cash & Carry India Pvt Ltd. (METRO India) for a total cash consideration of ₹2,850 crore, subject to closing adjustments. METRO India started operations in India in 2003 as the first company … Read more