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
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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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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
Read Full ArticleTime & Location
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