Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally
Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally PTIJan 21, 2021, 08:17 IST BI India/BCCL Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court. The Securities and Exchange Board...
Source: businessinsider.in