Traders’ body CAIT on Wednesday said it has urged the Competition Commission of India to revoke the approval granted to Amazon two years ago for its deal with Future Coupons, alleging that the e-commerce major had...
NCLT stays investors’ meet at Future Group
A company court restrained Future Group from calling shareholders’ meetings to seek approval for its proposed ₹24,713 crore asset sale to Reliance Industries Ltd, in a legal setback for the cash-strapped group...
Future Retail takes Reliance deal saga to Supreme Court
India’s Future Retail has asked the country’s top court to stall a Singapore arbitration panel’s decision to freeze a $3.4 billion asset sale after e-commerce giant Amazon had sought to block the deal...
FRL’s independent directors ask CCI to revoke nod for Amazon-Future Coupons deal
In escalation of the Future group-Amazon feud, Future Retail Ltd’s independent directors have urged the Competition Commission to revoke the approval given two years ago for Amazon’s deal with Future...
Poland’s Allegro buys Czech online retailer Mall for $1 bln
The Allegro logo is seen on the smartphone in this illustration taken October 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Nov 5 (Reuters) – Polish e-commerce group Allegro has agreed to buy Czech online...
Coke to pay $5.6 bln for full control of BodyArmor – WSJ
Coca-Cola Co is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter...
UK watchdog to investigate CD&R’s $10 bln deal for Morrisons
Supermarket group Morrisons must be run as an independent business while Britain’s competition regulator reviews its 7 billion pound ($9.7 billion) takeover by Clayton, Dubilier & Rice (CD&R), the watchdog...
Coca-Cola nears deal for controlling stake in BodyArmor – Bloomberg News
Coca-Cola Co is nearing a deal to buy a controlling stake in sports drink maker BodyArmor, valuing it at about $8 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The deal could...
Future Group seeks lenders’ nod to recast Rs 8,400 crore FEL debt post Reliance deal
Future Group has recently sought consent from lenders to restructure the residual debt of Future Enterprises, estimated at ₹8,400 crore, once a proposed slump sale to a Reliance Industries group entity is completed...
Coca-Cola nears deal for controlling stake in BodyArmor – Bloomberg News
Coca-Cola Co is nearing a deal to buy a controlling stake in sports drink maker BodyArmor, valuing it at about $8 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The deal could...
Future Group asks Delhi court to quash Singapore panel’s block on asset sale to Reliance
Future Retail has asked a Delhi court to quash a decision by a Singapore arbitration panel that has kept the $3.4 billion sale of Future’s retail assets in limbo while the panel hears objections from Amazon.com...
Amazon invests in Italian automated packaging machines maker
Amazon, through its Climate Pledge Fund, has bought a minority stake in Italy’s CMC Machinery, a company with technology that makes custom-sized boxes that eliminate the need for single-use plastic packaging, the...
