retail assets – Infuse News

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Amazon confirms, Samara Capital to invest Rs 7,000 crore for buying all retail assets

Amazon confirms, Samara Capital to invest Rs 7,000 crore for buying all retail assets

According to sources, Amazon has written to independent directors of Future Retail Ltd (FRL) confirming that Samara Capital “remains interested and committed” to investing Rs 7,000 crore in the debt-ridden company’s retail assets, and has asked the retail firm to provide existing due diligence reports to Samara by Sunday. Amazon approached FRL’s independent board on…

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