Reliance Buys Future Assets for $3.4 Billion; Bonds Jump
Mukesh Ambani, chairman and managing director of Reliance Industries Ltd., and his wife Nita Ambani in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Reliance Buys Future Assets for $3.4 Billion; Bonds Jump

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(Bloomberg) -- Reliance Industries Ltd. is buying assets of debt-strapped rival Future Group for 247.1 billion rupees ($3.4 billion), almost doubling the footprint of India’s No. 1 retailer and lar...
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