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Here is why bidders are keen on Future Group's logistics, warehousing arm

Sources say these companies have expressed their interest in Future Retail assets in the hope that they will acquire assets of Future Supply Chain Solutions as well

Photo: Bloomberg
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Photo: Bloomberg

Dev ChatterjeeSharleen D'SouzaAbhijeet Lele Mumbai
Bidders appear keen to acquire the logistics and warehousing businesses of the Future group as it would give them a well-established nationwide presence apart from getting access to Future Retail's 300-odd stores.

Thirteen companies, including Reliance Retail Ventures and April Moon Retail Private, a joint venture of the Adani group and Flemingo group, have expressed interest in acquiring the bankrupt company, which is undergoing debt resolution under the Insolvency and Bankruptcy Code.

A source in the know of the matter said these companies have expressed their interest in Future Retail assets in the hope that they will acquire assets of

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