Ambani Suffers Setback in $3.4 Billion Deal Dispute With Bezos_老虎社区_美港股上老虎

Ambani Suffers Setback in $3.4 Billion Deal Dispute With Bezos

Bloomberg2021-08-06

Amazon wants to block Reliance from buying an Indian retailer Indian court says a Singapore arbitrator’s decision is binding Mukesh Ambani’s planned $3.4 billion purchase of an indebted retailer ...

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Raman8889
·2021-08-06
It has become ugly battle between the world richest
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Manish
·2021-08-06
Good Luck Mr. Ambani I hope everything recover and you can bang it.
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GrowGrowGrow
·2021-08-06
Grow Grow Grow
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2
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Mib1515
·2021-08-06
Ok
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6
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- GrowGrowGrow:
  ok
  2021-08-07
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CKChan
·2021-08-06
Like pls
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- AL30:
  Yes
  2021-08-06
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shyan1314
·2021-08-06
Comment n like thanks
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- CKChan:
  sure
  2021-08-06
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Amazon had approached the arbitration court in the city-state, and the parties will now have to wait for the deliberations of that body before a final decision.\nThe Indian court’s verdict is the latest episode in a bitter battle over the cash-starved Future Retail Ltd. -- the nation’s second-largest supermarket chain -- which both Jeff Bezos-founded Amazon and Ambani’s Reliance Industries Ltd. want to control. The two behemoths, owned by two of the world’s richest men, are fighting for a bigger slice of the only billion-people plus consumer market that’s still open to foreign firms.\nReliance dropped as much as 2.6% in Mumbai on the ruling, the biggest intraday decline in two weeks. Future Retail plunged by its daily limit of 10%, the most in more than four months.\n\nFor Seattle-based Amazon, adding Future’s Big Bazaar brand of stores to its assets would help expand its brick-and-mortar footprint across the country. 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Amazon has pledged $6.5 billion of investment, while Walmart Inc.-owned Flipkart recently mopped up $3.6 billion in the country’s largest fundraising at a valuation of nearly $38 billion.\nAmazon owns a stake in an unlisted Future unit and has argued that it contractually has the first right of refusal to buy Future. 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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893390600","repostId":1110795702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5444938,"gmtCreate":1628236097403,"gmtModify":1635158607745,"authorId":3568580406017469,"author":{"id":3568580406017469,"authorId":3568580406017469,"name":"AL30","avatar":"https://static.tigerbbs.com/8f77aca4dee7e85735912a4dff52ffc6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":893390600,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":893390398,"gmtCreate":1628235961314,"gmtModify":1631884872590,"author":{"id":"3582537029352499","authorId":"3582537029352499","authorIdStr":"3582537029352499","name":"shyan1314","avatar":"https://static.tigerbbs.com/5f73aa4765cdeef5a3dd85d161972ff8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582537029352499"},"htmlText":"Comment n like thanks&nbsp;","listText":"Comment n like thanks&nbsp;","text":"Comment n like thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/893390398","repostId":1110795702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5444928,"gmtCreate":1628235996434,"gmtModify":1631884872590,"authorId":3586486247879926,"author":{"id":3586486247879926,"authorId":3586486247879926,"name":"CKChan","avatar":"https://static.tigerbbs.com/09977a4bc50055efd1163fa05d0984d7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":893390398,"type":1,"supId":0,"prevId":0,"content":"sure","text":"sure","html":"sure"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":42,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}