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Reliance Retail Ventures Ltd (RRVL) | METRO completes Rs 2,850 crore deal with Reliance Retail to sell its India Cash & Carry business

The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio (6 store-occupied properties) to RRVL ....

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Reliance Industries' RRVL to acquire METRO Cash & Carry India for Rs 2,850 crore

The transaction, however, is subject to regulatory and other closing conditions and is likely to materialize by March 2023. ....

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Metro Cash & Carry India prefers Mukesh Ambani's Reliance as its future owner

As Reliance emerges as the sole bidder for the German wholesale giant Metro’s India operations, key stakeholders seem to flock behind it. ....

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Reliance, CP group, PE firms in race for Metro Cash & Carry India

With the date of submission of non-binding offers nearing, major business groups and investment arms are gearing up to tap Metro's wholesale reach. ....

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Metro Cash & Carry's dwindling fortunes amid Reliance's onslaught

The company, which had turned profitable in FY2019 after 16 years of India operations, slipped into red post-COVID, data from RoC shows.

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