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India’s Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg

Reuters: Technology News
India’s Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg
MUMBAI (Reuters) – Indian e-commerce firm Flipkart’s board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.

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