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Competition Commission of India approves Reliance's acquisition of B2B retailer METRO Cash & Carry's India biz

Competition Commission of India approves Reliance's acquisition of B2B retailer METRO Cash & Carry's India biz

Mar 16, 2023, at 06:23 am

Mumbai/Delhi: The Competition Commission of India has given its nod to Reliance Retail Ventures’ (RRVL’s) acquisition of METRO Cash & Carry India for a cash consideration of Rs 2,850 crore, according to an official statement.

Reliance Retail acquires METRO India

Reliance Retail acquires METRO India

Dec 22, 2022, at 06:45 pm

Mumbai/UNI: Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 percent equity stake in METRO Cash and Carry India Pvt Ltd (‘METRO India’) for a total cash consideration of Rs 2,850 crore, subject to closing adjustments.

Reliance Industries to acquire B2B retailer METRO Cash & Carry India: Report

Reliance Industries to acquire B2B retailer METRO Cash & Carry India: Report

Nov 07, 2022, at 06:40 am

Reliance Industries is set to buy German B2B retailer METRO AG's Cash & Carry business in India for an estimated 500 million euros or Rs 4,060 crore, according to a report in the media.