Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Amazon says Samara ready to buy Future Retail assets for ₹7,000 cr: Report
short by Hiral Goyal / on Sunday, 23 January, 2022
Amazon has reportedly told the independent directors of Future Retail that Samara Capital "remains interested and committed" in investing ₹7,000 crore to buy all retail assets of the debt-ridden company, PTI reported. Earlier, Future Retail's independent directors had sought ₹3,500 crore in unsecured long-term loan from Amazon to help avoid its debt from being classified as non-performing assets.
read more at BloombergQuint