Kishore Biyani is on a shopping spree! Future Group buys Sangam Direct chain of grocery stores
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Wadhawan Holding operate the stores under Sangam Direct, which were earlier known as
ET quoted sources saying Sangam Direct business has a revenue of about Rs 100-150 crore.
Sources told ET, Biyani's group will purchase three dozen stores network from Wadhawan mainly through a "lease transfer" way instead of cash.
Meanwhile, Biyani is already in advance talks to buy Hyderabad-based Heritage Foods Ltd.
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