ADVERTISEMENT
Future Group Likens Amazon's Bid To Stall Retail Deal To 'Ruthless' Alexander The Great
30 Jan 2021, 01:51 PM IST i

Save

Future Group says the deal is critical for the survival of its 1,700 stores and thousands of employees
Amazon.com Inc's bid to stall Future Group's $3.4 billion retail assets sale is similar to Alexander the Great's "ruthless ambition to scorch the earth", the Indian group's CEO Kishore Biyani said in an internal staff memo seen by Reuters. Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies wrongdoing....
ADVERTISEMENT