Flipkart funding round : Indian e-commerce giant raises $3.6bn at $37.6bn valuation
Indian e-commerce giant Flipkart has raised $3.6 billion from a new funding round to take its valuation to $37.6 billion. The new funding round of ... Read More
Walmart to sell 85% stake in Japanese supermarket chain Seiyu to KKR and Rakuten
Walmart has agreed to sell a stake of 85% in Seiyu, a Japanese supermarket chain, to KKR and a subsidiary of Rakuten, for a combined ... Read More
Walmart to divest Walmart Argentina to Grupo de Narváez
US retailing giant Walmart has agreed to divest Walmart Argentina, its business in Argentina, to Latin American group Grupo de Narváez for an undisclosed price. ... Read More
Walmart to sell majority stake in Asda to Issa bros and TDR Capital
Walmart has agreed to divest a majority stake in British supermarket retailer Asda to the Issa brothers and investment funds managed by TDR Capital for ... Read More
Sainsbury’s to merge with Asda to create largest supermarket chain in UK
Retail acquisition news : British retail giant Sainsbury’s has agreed to acquire rival UK supermarket chain Asda from Walmart in exchange of £2.975 billion in ... Read More