Page 7 - Walmart Flipkart Deal

Flipkart tries to shed the subsidiary flab ahead of Walmart deal

Businesses with similar functions to be merged to form one entity

Walmart may lock Flipkart deal this week; to get 3 seats on board: Sources

Kalyan Krishnamurthy and Binny Bansal will remain in their current roles after the deal, the two sources said

Flipkart campus on a Walmart high; employees await stock option riches

The new campus at Bengaluru's Embassy Tech Village modelled on Silicon Valley structures houses more than 7,000 employees, with hardly any room for fear of tomorrow

With Walmart deal in the bag, Flipkart may now build a $1 bn M&A war chest

According to analysts, after the merger there will be consolidation in the services sector and companies are either going to align with Amazon, Flipkart or Paytm

Walmart, Flipkart work on synergies; merger may result in common leadership

Synergies are being planned on other fronts too. If things go according to plan, Walmart India and Flipkart could possibly have one common leader for both businesses, said a person in the know

Flipkart-Walmart deal: Big retail shrugs off impact of merger

A senior executive at Kishore Biyani-led Future group said the company was growing at a great speed and entry of anybody else does not hamper its business

$15-billion Flipkart-Walmart mega deal: Patience pays off for investors

The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors

Flipkart-Walmart deal: Billion-dollar gateway to Indian market for Google

According to multiple sources and reports, Google is all set to shell out close to $1.5 billion in the $12-billion deal where Walmart is trying pick up a controlling stake in Flipkart

Flipkart board said to have okayed $15-bn deal to sell 75% stake to Walmart

If completed, the deal will give Bentonville, Arkansas-based Walmart a leading position in the growing market of 1.3 billion people

Walmart looks to scale back in UK, Brazil with an eye on India

Walmart is in advanced discussions to buy a majority stake in Flipkart

Walmart, eBay fresh round of talks likely for $12 bn deal with Flipkart

Flipkart is allowed to sell merchandise from certain merchants at eBay for four years

By buying stake in Flipkart, Walmart wants to achieve these 3 lofty targets

To counter Amazon, the world's biggest retail chain is likely to take Flipkart's e-commerce model to US

Walmart close to buying 51% stake in Flipkart, deal likely by June: Sources

The deal is expected to be between $10 bn to $12 bn

Flipkart said to be leaning towards selling stake to Walmart over Amazon

If completed, the deal would give Walmart a major stake in an emerging market of 1.3 billion people

Walmart close to shelling out $10-12 bn for 51% stake in Flipkart: Sources

A deal is far from finalised, however, and talks between the two parties and investors in Flipkart are ongoing, said a third source

Walmart-Flipkart deal on track, but will Amazon pull a googly?

A person close to the developments with whom Business Standard spoke said that the term sheet for Walmart to invest in Flipkart was close to being finalised

Flipkart nears $7-bn Walmart investment deal, valuation to reach $20 bn

Walmart's backing would fortify Flipkart as it faces its own challenge from Amazon

Walmart-Flipkart deal in 2 weeks; majority stake unlikely for US firm

For Flipkart, the investment from Walmart will not only give it resources to compete with Amazon in India, but also access to expertise, and in-depth knowledge of retail

Flipkart-Walmart potential deal underpins gap in India's retail market

Amazon isn't only looking to combat Amazon in the e-commerce space with this deal, but also wants to make inroads into India's underpenetrated offline retail market

Flipkart investment: How Walmart hopes to hit two birds with one stone

The company will not only take on Amazon but also get a partner to enter India's offline retail space