India's Future Retail to acquire group company's infra assets for $571.4m

India's Future Retail to acquire group company's infra assets for $571.4m

The integration will see Future Retail adopt some of the international practices followed at Easyday put in place by Wal-Mart Stores Inc. Photo: Mint

Future Retail Ltd (FRL), the retail arm of Kishore Biyani-led Future Group, said it will buy the infrastructure assets of Future Enterprises Ltd for around 4,000 crore.