Aditya Birla Fashion to sell 8% to Flipkart for Rs 1,500 crore

Owned by the US-based Walmart, Flipkart is paying a premium of nearly 34% for each ABFR share at Rs 205 compared to Thursday’s close on the BSE (24% from Friday’s), according to regulatory filings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/31CLYLi
via IFTTT