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Amazon is in advance stage talks to buy 9.5% stake in Future Retail

Amazon is in advance stage talks to buy 9.5% stake in Future Retail

Tuesday, November 27, 2018, 8:31 PM

Online retailer Amazon is in advanced stage of talks to buy around 9.5% stake in Kishore Biyani-led Future Retail, according to sources. A final shape to an agreement between the two parties is expected to take place within the next 10 days, the sources said although in case of last minute hurdles the deal could be announced as late as January 2019.
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