Sunday, 19 April, 2026
Reliance, PremjiInvest, CP Group, Swiggy in race to acquire Metro India Unit
By Basit Ansari
<p>To acquire the Indian Cash-and-carry business of German retailer Metro AG, Reliance Retail, Thailand's largest conglomerate Charoen Pokphand Group, and food and grocery delivery service Swiggy are in competition with PremjiInvest, the investment fund run by Azim Premji's family office. According to the aforementioned individuals, the Tata Group and private equity company Bain Capital are now assessing the $1B-1.5B buyout prospect.</p>
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