Future Group, Bharti Retail Rs 750-Cr Deal Gets CCI Nod

New Delhi: The Competition Commission of India has cleared the proposed Rs 750-crore multi-tier merger deal between Future Group and Bharti Retail. The transaction, a major consolidation in the Indian supermarket business, would create a Rs 15,000-crore behemoth. The deal was announced in May this year. Under the all-stock deal, Future Retail would demerge its retail business which would then be merged into Bharti Retail, while the...