Sunday 25 October 2020

Reliance-Future Deal Said to Be Put on Hold as Amazon Wins Arbitration Order Against Agreement

A Singapore arbitration panel has put on hold Future Group's $3.38 billion (roughly Rs. 24,900 crores) asset sale to Reliance Industries, an interim win for Amazon, which had alleged the deal between the Indian firms breached existing agreements.

source https://gadgets.ndtv.com/internet/news/reliance-future-group-deal-put-on-hold-amazon-wins-arbitration-order-singapore-court-rrvl-2315707#rss-gadgets-all

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