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Thursday, August 9, 2018

CCI puts stamp of approval on Flipkart-Walmart deal

The Competition Commission of India (CCI) on Wednesday cleared the proposed acquisition of homegrown e-tailer Flipkart by global retailer Walmart. The Bentonvilleheadquartered company had announced in May that it would acquire 77 per cent stake in Flipkart for $16 billion.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2M790nR
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