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Reliance Retail and Naturals Salon & Spa have terminated their acquisition discussions due to disparities in valuation, according to sources. Reliance Retail was negotiating to acquire a 49% stake in Naturals, a deal that would have marked its entry into the salon industry. Naturals Salon & Spa, with nearly 700 outlets in India, is among the top five national salon chains. The withdrawal was attributed to potential synergy mismatches and differing preferences. ....