Amazon-Reliance fight may get nasty


Post Tags

The much-talked of battle between Amazon and Ambani, as it were, is getting intense with Reliance Retail brazening out that it would complete the deal with Future Group come what may, even though the Jeff Bezos’ company has blocked in a Singapore Court Reliance group’s bid to buy Future group’s assets.

It is said both Reliance and Future groups are likely to challenge the clause invoked by Amazon before the Singapore arbitration court to stall the acquisition of the Future group’s assets by Reliance Retail Ventures.

Source link

Comments are closed.