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