Infibeam Avenues has said its up to Rs 120 crore-deal to acquire Unicommerce, a subsidiary of e-commerce platform Snapdeal, has been terminated. In May, Infibeam Avenues had announced signing a definitive share purchase agreement (SPA) with Unicommerce eSolutions and Jasper Infotech (which runs Snapdeal) to acquire 100 per cent stake in Unicommerce.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2QWOSHB
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