AZB & Partners act on Future Group’s Retail and Bharti’s Retail 750 crore merger

Kishore Biyani-led Future Group, which runs Big Bazaar, has inked a partnership with Bharti Retail, owner of ‘easyday’, to merge their retail businesses in an all-stock deal worth 750 crore, reports ET. The deal will create one of the biggest supermarket chains, with a 15,000 crore turnover.