financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Retail
financetom
/
Retail
/
Buzz gets louder as Walmart-Flipkart deal nears closure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Buzz gets louder as Walmart-Flipkart deal nears closure
Apr 24, 2018 5:18 AM

The buzz of the $12 billion deal between Walmart and Flipkart got louder today with Softbank approaching Walmart's global CEO.

Softbank with its 20% stake in Flipkart was holding out for a better offer.

Sources told CNBC-TV18 that Masayoshi Son, the founder of Softbank, met Walmart's global CEO to finalise a deal.

With Softbank willing to sell a portion of its holding in Flipkart, Walmart is already working with consultants to chart out a detailed integration plan post its acquisition of Flipkart.

First Published:Apr 24, 2018 2:18 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple MacBooks, smartwatches go on sale in US as Black Friday nears
Apple MacBooks, smartwatches go on sale in US as Black Friday nears
Nov 16, 2022
Even as Amazon and Best Buy offer Apple MacBooks, smartwatches and iPads at hefty discounts to US buyers in the run-up to Black Friday, we're waiting to hear from Indian retailers.
 Nothing partners with Myntra ahead of the Ear (stick) launch
Nothing partners with Myntra ahead of the Ear (stick) launch
Oct 20, 2022
The pricing and product specifications of the product will be unveiled during the online Ear (stick) reveal on 26 October, 7:30 pm IST on nothing.tech.
 Samsung rolls out Finance+ to help its customers get a loan in 20 minutes
Samsung rolls out Finance+ to help its customers get a loan in 20 minutes
Oct 18, 2022
Samsung is launching Samsung Finance+ at around 3,000 consumer electronics stores in 1,200 cities across the country. Samsung said that it plans to take Samsung Finance+ to more than 5,000 retail outlets in approximately 1,500 cities by the end of the year.
 FMCG firm DS Group awarded with LEED certification for green building
FMCG firm DS Group awarded with LEED certification for green building
Apr 12, 2022
The DS Group headquarters, situated in the National Capital Region (NCR), houses the corporate office, an R&D centre and state-of-art manufacturing facilities for confectionery, flavours and fragrances and edible gold and silver embellishments.
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2024 - www.financetom.com All Rights Reserved