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Amazon, Samara may sell 20% stake in More Retail for $2 bn: Report
short by Mansi Agarwal / on Wednesday, 3 May, 2023
Amazon and Samara Capital are planning to sell 15-20% stake in More Retail for around $2 billion, The Economic Times reported. This comes as the retail chain is reportedly planning to go public in the next 12-18 months. More Retail was bought by both companies from the Aditya Birla Group in 2019 for a reported value of around $600 million.
read more at Outlook India