Saving Reliance-Future deal: Future Retail says ‘intend to pursue all available avenues’
By
Biju Kumar
Future Retail Ltd (FRL) on Friday said it intends to pursue “all available avenues” to conclude its Rs 24,731-crore deal with Reliance Industries after the Supreme Court ruled in favour of Amazon and upheld Singapore’s Emergency Arbitrator (EA) award that had restrained the said transaction.
On the other hand, Amazon welcomed the judgement and said the ruling will hasten resolution of its ongoing dispute with the Future Group.