NEW DELHI: Amazon.com Inc and Indian private equity company Samara Capital have bought Aditya Birla team's 'More' retail chain for an enterprise price of Rs four,200 crore ($580.35 million).
Aditya Birla Group confirmed the advance to Reuters, but didn't elaborate additional.
Amazon didn't straight away respond to a request for remark, whilst Gautam Gode, the managing director of Samara Capital, stated the company does no longer comment on its investments.
Aditya Birla Group confirmed the advance to Reuters, but didn't elaborate additional.
Amazon didn't straight away respond to a request for remark, whilst Gautam Gode, the managing director of Samara Capital, stated the company does no longer comment on its investments.
Amazon, Samara buy Aditya Birla group's 'More' retail chain
![Amazon, Samara buy Aditya Birla group's 'More' retail chain]()
Reviewed by Kailash
on
September 20, 2018
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