Indian regulator clears Reliance's $344 mln buy of Metro's local business

Metro AG

14/03/2023 13:40

BENGALURU, March 14 (Reuters) - India's competition
regulator said on Tuesday that it cleared Reliance Industries
Ltd's  RELI.NS  $344 million acquisition of the Indian business
of German retailer Metro AG  B4B.DE .

 (Reporting by Nandan Mandayam in Bengaluru; Editing by Savio
D'Souza)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))