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May 14, 2018 03:46 am GMT

Walmarts deal to buy Flipkart came with an interesting caveat

Retail giant Walmart, which earlier this week announced it paid $16 billion for a 77 percent stake in the Indian e-commerce company, Flipkart Group, could have to take Flipkart public within four years, shows a public filing that was reported on earlier by Reuters. Specifically, the filing states that, “acting together,” holders of 60 percent […]

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