Home Business Reports : Kishore Biyani selling minority stake in Future Group to global retailer

Reports : Kishore Biyani selling minority stake in Future Group to global retailer

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Biyani has reportedly held early talks with Walmart and Amazon.

New Delhi: Future Group CEO Kishore Biyani may silently be preparing to sell minority stake of his group to a global retailer, as per a financial daily.

In an interview to the Economic Times, Biyani said that he will sell “minority stake to the strongest global retailer” without naming any particular buyer.

Quoting sources, ET said that Biyani has held “early talks with Walmart and Amazon” for selling as much as 10 percent stake in his company.

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