Future group News
Mitsubishi surprises Biyani, wants stake in flagship Big Bazaar
Japan’s Mitsubishi Corporation has sprung a surprise on Kishore Biyani by asking for a piece of Big Bazaar, Future Group’s flagship retail business. Sources familiar with the development said the Japanese giant had made it a pre-condition to invest in Future Group’s food sourcing and back-end infrastructure.
The two sides discussed the issue in the US last week and the Japanese company
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