Wednesday, October 17, 2018

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

By  October 17, 2018  No comments
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.

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