by Amruth Sundarkumar | Jun 27, 2022 | India, Investment Grade Bonds
Indian conglomerate Reliance Industries Ltd (RIL) is said to be in talks with international banks to raise around $8bn to fund the acquisition of UK pharmacy & chemist chain Boots, as reported by Mint. These banks include Deutsche Bank AG, Barclays Bank Plc,...
by Amruth Sundarkumar | Apr 14, 2022 | Corporates, India
Reliance Industries Ltd (RIL) is said to be in early stages contemplating on a bid for Walgreens Boots Alliance’s international drugstore unit, as per sources Bloomberg News reported that Boots could be valued at £7bn ($9.1bn). The developments come on the back...
by Amruth Sundarkumar | Apr 14, 2022 | Corporates, High Yield Bonds, India
Amazon has warned Future Retail Ltd (FRL) against the latter holding a meeting next week with its shareholders (April 20) and secured/unsecured creditors (April 21) to approve the deal of its $3.4bn asset sale to Reliance Retail. In February 2022, the National Company...
by Amruth Sundarkumar | Feb 21, 2022 | Corporates, India
Amazon and Reliance are said to now battle regarding media telecast rights for the famous Indian Premier League (IPL). According to Reuters sources, both companies are expected to take on India units of Sony Group and Walt Disney Co for exclusive five-year TV and...
by Amruth Sundarkumar | Jul 26, 2021 | India
India’s energy to digital conglomerate Reliance Industries Ltd. (RIL) announced its consolidated results for the quarter ended June 30, 2021 in which it posted a record high consolidated EBITDA of INR 275.5bn ($3.7bn), up 27.6% YoY, of which digital services...
