Report
Amazon India buys 5 percent stake in Shoppers Stop
Amazon India announced over the weekend the acquisition of a minority stake in multi-retailer Shopper Stop. The Rs 179.25-crore deal entitles Amazon to sell its products online exclusively on the e-retailer's website. As revealed in a BSE filing, the board has approved issuing 43.95 lakh equity shares of Rs 5 each, at price of Rs 407.78 a piece,...
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