https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐️" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> RELIANCE + FUTURE - AMAZON

Read on to understand the breakup of the deal and who gets what!

https://abs.twimg.com/emoji/v2/... draggable="false" alt="1⃣" title="Tastenkappe Ziffer 1" aria-label="Emoji: Tastenkappe Ziffer 1"> Reliance Retail has acquired Future Group’s retail and wholesale businesses for ₹24,713 Crore

https://abs.twimg.com/emoji/v2/... draggable="false" alt="2⃣" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2"> In Dec& #39;19, Amazon had invested ₹1,500 Crore in Future Coupons.

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="3⃣" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3"> Now Future Coupons is Kishore Biyani& #39;s promoter company which held 10% of the listed company - Future Retail ( #FRETAIL)

https://abs.twimg.com/emoji/v2/... draggable="false" alt="4⃣" title="Tastenkappe Ziffer 4" aria-label="Emoji: Tastenkappe Ziffer 4"> Future Coupons basically acted as a holding company, to control stake in various Future Group businesses.

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="5⃣" title="Tastenkappe Ziffer 5" aria-label="Emoji: Tastenkappe Ziffer 5"> Last year, the company changed from a public limited to a private limited company, then again to a public company.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="6⃣" title="Tastenkappe Ziffer 6" aria-label="Emoji: Tastenkappe Ziffer 6"> Now after Reliance& #39;s acquisition deal, all the listed companies of Future Group belong to Reliance.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="7⃣" title="Tastenkappe Ziffer 7" aria-label="Emoji: Tastenkappe Ziffer 7"> That means, Amazon is now left with nothing!

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="8⃣" title="Tastenkappe Ziffer 8" aria-label="Emoji: Tastenkappe Ziffer 8"> Amazon is desperately trying to acquire established companies in the retail space in India so as to make a strong foothold to compete with Reliance Jio.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="9⃣" title="Tastenkappe Ziffer 9" aria-label="Emoji: Tastenkappe Ziffer 9"> They will now have to search for a new acquisition target who is well established in the retail industry.

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔟" title="Taste 10" aria-label="Emoji: Taste 10"> Thats& #39;s the reason why Mukesh Ambani is known as the master businessman!

He not only gobbled up the Future Group in a distress acquisition deal, but also blocked Amazon& #39;s business interests in the Indian retail space thereby forcing them to look for other targets.

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