Amazon open to bailing out Future Group
- Amazon, along with private equity fund Samara Capital, acquired the supermarket chain, More, from the Aditya Birla Group in 2018
- Amazon’s offer to help Future stems from the concern that the RIL-Future deal may significantly increase the competition for Amazon in India
Amazon Inc. is open to helping debt-laden Future Group bring in a new, financially strong partner or investor if it calls off its ₹24,700 crore deal with Reliance Retail Ventures Ltd, said two people aware of the US e-commerce firm’s plans.
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