Mukesh Ambani most likely to win race for acquiring retailer Metro Cash & Carry
Image Credit: FPJ
Currently Thailand-based giant Chareon Pokphand is competing with Reliance Industries to take over Metro’s operations in India. But reports are now suggesting that Reliance may be the only company to make a final offer for the retail chain. The reason for preferring Reliance is its base in India, which will mean that there won’t be any issues with local lobbies, while the conglomerate will retain Indian employees.