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Future Group may hive off Big Bazaar: Biyani

Future Group chief Kishore Biyani is looking to hive off hypermarket chain Big Bazaar and list it to unlock value as part of ambitious restructuring and growth plans to become a Rs 25,000 crore group in four years.

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Future Group chief Kishore Biyani is looking to hive off hypermarket chain Big Bazaar and list it to unlock value as part of ambitious restructuring and growth plans to become a Rs 25,000 crore group in four years.

Future Group is looking at adding 18 million sq ft of retail space across various formats by 2013-14 and is looking at various options to raise money for expansion - listing of the value retail chain Big Bazaar being one of them.

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