bharti-enterprises

In May 2015 Future Group acquired Bharti Retail in an all-stock deal valued near Rs 500 crore, picking up 216 convenience stores, supermarkets and hypermarkets under the Easyday brand. Bharti Enterprises took 9% stakes in Future Retail Ltd and Future Enterprises Ltd in return, a deal that effectively absorbed Bharti's retail footprint into Biyani's organization while the Bharti side retained an economic interest in the consolidated entity.