Billionaire Mukesh Ambani’s Reliance Withdraws $3.2 Billion Take Over Bid For India’s Future Retail
- Monday, April 25, 2022, 7:13
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Reliance Industries—controlled by billionaire Mukesh Ambani—has withdrawn its proposed acquisition of Future Retail, ending its lengthy battle with U.S. e-commerce giant Amazon for control of the Indian grocery chain.