Friday 4 May 2018

Flipkart board is said to approve $15 billion deal with Walmart


The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion.

You can read more here: Flipkart board is said to approve $15 billion deal with Walmart

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