Transaction Announcement | Reliance Retail Ventures Limited - Acquisition of Future Group

We are pleased to share that Khaitan & Co assisted and advised Reliance Retail Ventures Limited along with its wholly-owned subsidiary (Reliance Retail and Fashion Lifestyle Limited) in acquiring the retail & wholesale and logistics & warehousing business of Future Group (pending court approvals).

This is one of the largest retail sector deals seen in recent times. You can read the details here

Partner Mehul Shah, who led the transaction said, “We have had the good fortune of working extensively with the Reliance Group and it is our pleasure to assist them as they make critical forays in sectors of their choice. This is the most significant deal in the Indian retail sector in the past few years and involved a sizeable target, complex structuring, legal documentation and running multiple processes in parallel to get the deal through. We are very pleased to represent the Reliance Group on this landmark deal.”

Adding to that, Partner, Haigreve Khaitan said, “We are very honored to be advising Reliance Retail Ventures Limited on this landmark transaction. It was a highly complex transaction and we are thrilled that our deep cross-practices could come together and carry this through in these challenging times.”

Khaitan & Co is a premier full-service Indian law firm with over 670 lawyers, including 150+ partners