Mukesh Ambani's Baazigari: How RIL Won against Amazon Despite Losing Future Deal. RIL proves it is impossible to take on Ambani in his home turf
This week RIL called off Future deal - which was under litigation with Amazon
The first reading makes one believe that Ambani lost, and Bezos is a happy man.
But a closer look at RIL’s strategy over the last few months reveals that events panned out exactly the way Ambani planned. Despite the deal being called off, Ambani walks away with 947 of 1400 stores of Future
Future now faces bankruptcy
Amazon will have to continue with the legal battle for FRL which is only left with 20000cr debt and 600 inoperational stores
RIL would be interested in bidding for select assets when Future group goes for liquidation
https://www.outlookindia.com/business/ambani-walks-out-of-battle-with-bezos-but-what-s-left-of-future-group-anyway--news-192964
By: via @AlliesFin Serve Stock Market
