Swipe through the latest business and wealth clues with our android app

Amazon considers buying upto 49% in Future Coupons

Amazon is reportedly working on a new deal structure that will enable it to own stake in Future Retail indirectly. Amazon is considering buying up to 49% stake in Future Coupons, said sources. Future Coupons is a promoter entity of the Future Group. The new deal structure will allow Amazon to effectively own about 9% stake in Future Retail. It could take about 1-2 months for the deal to go through.

Read More at CNBC TV18 News date : 16 Apr 2019, Tuesday

©2019 TheNewsClues