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Amazon confirms Samara Capital ready to invest Rs 7,000 cr in FRL to acquire assets

Summary by Ground News
Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital "remains interested and committed" to invest in the debt-ridden company. The e-commerce major has asked the retail firm to furnish existing due diligence reports to Samara by Sunday. Amazon and Future have been locked in a bitter legal tussle.

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Live Mint broke the news in New Delhi, India on Sunday, January 23, 2022.
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