[Breaking] Reliance - Future Group Deal: Amazon gets relief as Singapore Emergency Arbitrator stalls the sale of Future Group
Kishore Biyani controlled Big Bazaar was recently purchased by Mukesh Ambani controlled Reliance Retail. Now the Emergency Arbitrator has stalled this purchase.
Amazon has won a favourable ruling before the Emergency Arbitrator at Singapore International Arbitration Centre (SIAC) in its fight over Kishore Biyani controlled Future Group and Future Coupons that owns Big Bazaar and other retail outlets.