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Wednesday, October 17, 2018

'Amazon likely to buy 7-8% stake in Future Retail'

Amazon.com Inc is likely to buy at least 7 per cent to 8 per cent stake in India's Future Retail Ltd through an investment arm. The potential cash-and-stock deal, which is in its final stages, could be worth Rs 2,500 crore ($338 million) and is likely to be signed in the next two weeks.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2yjtmSa
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