Sunday, January 23, 2022

Future Retail’s independent directors to turn down Amazon’s request for expedited due diligence

Ravindra Dhariwal, one of Future Retail’s three independent directors, described Amazon’s offer as a “smokescreen”, and said it was untenable as “all the diligence has been done to death—by Reliance Retail—and by the banks…”.

from Tech-Economic Times
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