Tuesday, 23 May 2017

Flipkart signs term-sheet for buying out smaller rival Snapdeal


NEW DELHI: Flipkart, the country’s largest ecommerce company, has signed a binding term-sheet to acquire rival Snapdeal and is scheduled to undertake commercial and financial diligence in the next few days, according to people aware of the developments.

You can read more here: Flipkart signs term-sheet for buying out smaller rival Snapdeal

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