Future Retail secured creditors rejects deal with Reliance Retail - The Indian Express
A majority of 69.29 per cent of secured creditors of FRL voted against the resolution while 30.71 per cent voted in favour of it, FRL said in a regulatory filing.
Future Retails Rs 24,713-crore deal to sell its assets to Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, has run into a roadblock with majority of lenders rejecting the asset sale… [+3177 chars]
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