Amazon takes Future Group to Singapore arbitration forum over Reliance Retail deal
Shortpedia
Content Team
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Global ecommerce giant Amazon, which holds indirect stake in Future Group, has approached the Singapore International Arbitration Centre (SIAC) claiming that the proposed deal between Future Retail and Reliance Industries does not have its approval and hence should not go through. Amazon had also served a legal notice to Kishore Biyani-backed Future Group for breach of contract.
