Future group’s outstanding bonds trade up to 50% as Amazon fight over RIL deal intensifies – Economic Times

Future group’s outstanding bonds trade up to 50% as Amazon fight over RIL deal intensifies – Economic Times

MUMBAI: Outstanding Future Group Bonds have traded at yields as high as 50% this week, indicating growing investor concerns over the fate of the deal with Reliance Industries following Amazon’s objections to acquisition. Kotak Mahindra Asset Management Company has sold a portion of its stake in Future Lifestyles Fashions (FLFL) over the past three days […]

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