Amazon unhappy with Future Group-Reliance deal
Shortpedia
Content Team
Image Credit: shortpedia
Last night, Amazon expressed discontent over Future Group's deal to sell its businesses to Reliance Retail and issued the former a legal notice. The notice claims that the deal breaches the contract under which Amazon acquired a 49% stake in Future Coupons entity owned by Future Group's retail business, and became an owner of a 3.58% stake in Future Retail.
