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Reliance paid ₹254 crore to this German firm to use its brand name in India

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ksilent.com

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newsletters@ksilent.com

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Wed, Dec 20, 2023 10:30 AM

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[Reliance Industries acquired the German wholesale chain in India last year in a ₹2850 crore deal.]( [Reliance Industries has paid a whooping sum of ₹254 crore to German multinational company METRO AG till September 2023 for using the company brand name in India.Reliance Industries acquired Dusseldorf based METRO AGs wholesale chain in India last year in a ₹2850 crore deal METRO AG is providing certain transitional services and licences as part of the transaction to enable the new owner to operate the business the German company said in its]( [Read More]( To Unlist [Click Here](

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