This seems to be a season of last mile hurdles. Whether it’s Walmart-Flipkart deal, Tata-Thyssenkrupp joint venture or Air India disinvestment, there’s more than a common thread joining them. In all three cases, investors and stakeholders have questioned the viability of the business plan just when everything looked done. Also in all three, there are suggestions to restructure and renegotiate, for very different reasons of course. The outcome will depend on the willingness of the businesses (in Walmart-Flipkart and Tata-Thyssenkrupp deals) and the government (for Air India stake sale) to go that extra mile.
Walmart went ahead and announced its
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