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India's Flipkart said to near $12bn sale to Walmart

Retrieved on: 2018-04-22 14:00:00

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India's Flipkart said to near $12bn sale to Walmart. View article details on hiswai:

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<div>Tiger Global Management will sell nearly all its 20 per cent stake in Flipkart, while <b>SoftBank Group</b> will offload a substantial part of its 20 per cent-plus holding, the people said. Walmart will likely end up with 60 per cent to 80 per cent of Flipkart, valued at about $20bn, they said. Among the issues still to ...</div>

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