ADVERTISEMENT
Amazon Tries To Block Future's Asset Sale To Reliance After Indian Regulatory Approval
25 Jan 2021, 07:13 PM IST i

Save

In October, the arbitrator issued an interim order saying the deal should be put on hold.
Amazon.com Inc has requested an Indian court to block partner Future Group's $3.4 billion deal to sell its retail assets to Reliance Industries, in its latest attempt to derail the deal, a court filing seen by Reuters showed. Amazon has asked the High Court in New Delhi to enforce the decision of a Singapore arbitrator, which both sides had agreed to use in case of disputes, the filing showed.
In October, the arbitrator issued an in...
ADVERTISEMENT