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.
4 months ago

News Articles

Times of India

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

India Business News: NEW DELHI: Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital "remains interested and committed" t.

4 months ago·Mumbai, India
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Business Standard

Amazon says Samara ready to meet FRL terms on aid, Rs 7,000 cr acquisition

Writes to Sebi, CCI and ED top brass, apart from leading bank execs in this regard

4 months ago·India
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Live Mint

Amazon writes to Future; confirms Samara Capital ready to invest ₹7,000 cr

On January 19, Amazon had approached the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its financial concerns.

4 months ago·New Delhi, India
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Deccan Herald

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

Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital "remains interested and committed" to invest Rs 7,000 crore for buying all retail assets of the debt-ridden company and asked the retail firm to furnish existing due diligence reports to Samara by Sunday, according to sources. On January 19, Amazon had approached the independent directors of FRL reiterating its willingness to assist the Mumbai-…

4 months ago
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Zee Business

Samara Capital ready to invest Rs 7,000 crore in Future Retail to acquire assets, Amazon confirms in its letter

Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital "remains interested and committed" to invest Rs 7,000 crore for buying all retail assets of the debt-ridden company.

4 months ago
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