Home Business Walmart in negotiations to acquire minority stake from Flipkart: Report

Walmart in negotiations to acquire minority stake from Flipkart: Report

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(G.N.S) Dt. 31 New Delhi Walmart could acquire a stake of 15 percent to 20 percent in Bengaluru-headquartered Flipkart, the main challenger to US tech giant Amazon.com Inc’s India ambitions, the daily said, citing two anonymous sources. US retailer Wal-Mart Stores Inc is in advanced talks to buy a minority

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