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Amazon, Samara Capital to shed 20% stake in More Retail before IPO

The Amazon-Samara combine has approached family offices and domestic capital investors for the deal, sources said

Amazon, Samara Capital to shed 20% stake in More Retail before IPO
Updated On : 03 May 2023 | 2:38 PM IST

Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent

Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share

Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent
Updated On : 18 Sep 2020 | 10:40 PM IST

Samara-Amazon bags Aditya Birla Group's retail chain More for Rs 42 bn

Aditya Birla Group exits food and grocery retail business

Samara-Amazon bags Aditya Birla Group's retail chain More for Rs 42 bn
Updated On : 20 Sep 2018 | 2:03 AM IST

Amazon, Samara buy Aditya Birla Group retail chain for Rs 42 bn: Report

Samara to have 51% stake, while Amazon will take the rest, CNBC TV18 reported

Amazon, Samara buy Aditya Birla Group retail chain for Rs 42 bn: Report
Updated On : 19 Sep 2018 | 6:40 PM IST

Why More has failed to fulfil Aditya Birla group's retail sector dream

Group had to shut unviable stores, go slow on expansion in the recent years; reports even say talks are on for selling the chain

Why More has failed to fulfil Aditya Birla group's retail sector dream
Updated On : 27 Aug 2018 | 7:20 AM IST