Tuesday, December 12, 2006

Reliance looking to acquire Suhbiksha, Landmark

The Economic Times reports that Reliance Retail is believed to be interesting in acquiring several small retail chains to compete with the Bharti-Wal-Mart franchise deal. The company is interested in taking over Subhiksha, a south based food retailer and Landmark, a book and music chain owned by Tata’s retail arm Trent.

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