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Walmart finishes due diligence on Flipkart, may pay $10-12 bn for stake

Retrieved on: 2018-04-06 18:30:00

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Walmart finishes due diligence on Flipkart, may pay $10-12 bn for stake. View article details on hiswai:

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<div>It was reported in February that Walmart was in talks to purchase a stake of over 40 per cent in Flipkart, which is backed by the likes of SoftBank Group, Tiger Global, eBay, <b>Accel Partners</b>, Naspers, Tencent Holdings and Microsoft Corp. Walmart and Flipkart declined to comment. SoftBank also declined ...</div>

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