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Amazon may buy 10% stake in Biyani-led Future Group
short by Aditi Verma / on Tuesday, 22 May, 2018
E-commerce giant Amazon is in talks to buy 10% stake in Kishore Biyani-led Future Group and may pay around $600 million for it, according to reports. Biyani and Amazon CEO Jeff Bezos met earlier this year to explore a possible deal, reports added. Earlier this month, Biyani said he will sell a minority stake to the "strongest global retailer".
read more at The News Minute