Corporate India announces over 7-fold jump in M&A deals worth a whopping $34.8 bn in June quarter: EY report
The biggest deal in June quarter 2018 was the $16 billion acquisition of Flipkart by Walmart Inc, which accounted for 46 percent of the total disclosed deal value, EY said.
Walmart-Flipkart deal: Competition watchdog clears American retail giant's proposed acquisition of Indian e-commerce major
Welcoming the regulator's decision, Walmart said it remains committed to contributing to the Indian economy by supporting smallholder farmers, manufacturers, and its Kirana customers.
Walmart-Flipkart deal: Govt says representations from trade bodies alleging irregularities sent to concerned agencies
In May, the US-based retailer Walmart Inc announced the acquisition of 77 percent stake in Flipkart in its biggest takeover till date
Top executives of Walmart India and Flipkart on Wednesday met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their $16-billion mega merger deal
Flipkart, Wal-kart or Flip-Mart: In its hour of need, Walmart must focus on in-house brands and not on re-branding
Flipkart is a giant in its own right and has the ability to overshadow brand Walmart in India.
Flipkart employees to get $125-129 for ESOPs after Walmart picks up 77% stake at $16 bn in home-grown giant
Flipkart's urrent employees will be able to vest up to 50 percent of their stock options now, followed by 25 percent in the second and third year.
Flipkart-Walmart $16-billion deal: Post-initial celebrations, both firms may have to face many tax hurdles
The Flipkart-Walmart deal is likely to generate a lot of action in India in the coming years, both in the e-commerce market as well as in the tax world.
Sachin Bansal bids adieu to Flipkart in emotional Facebook post; says will catch up on gaming, personal projects
Flipkart co-founder Sachin Bansal plans to catch up on gaming and brush up his coding skills as he takes time off to finish few pending projects
The deal, under which co-founder Sachin Bansal and Japan's Softbank Corp Group are exiting, values Flipkart at USD 20.8 billion.
In India, Walmart-Flipkart combine will have to battle America's Amazon and China's Alibaba
The Walmart deal is likely to value Flipkart at roughly $18 billion to $20 billion.
Traders' body CAIT on Monday said it seeks Commerce & Industry Minister Suresh Prabhu's intervention in the proposed $12-billion Flipkart-Walmart deal, saying the alliance will encourage malpractices and predatory pricing in e-commerce