Future Retail to acquire TNSI for Rs 100 crore

22 Jan 2018 Evaluate

Future Retail will fully acquire Travel News Services India (TNSI) in a Rs 100 crore deal. This step will help the company to consolidation further its retail business. Through this deal, Future Retail will have access to global retail brand ‘WH Smith’ as its license is being held by TNSI.

The acquisition will help the company to further expand its presence at airports, metro stations and universities where the majority of retail outlets of TNSI and TNSI Retail are operating.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles. 


Future Retail Share Price

2.41 0.00 (0.00%)
01-Aug-2024 16:01 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 3443.20
Aditya Birla Fashion 284.15
Trent 6906.65
Vishal Mega Mart 101.39
Electronics Mart Ind 170.95
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