Amazon confirms Samara Capital ready to invest Rs 7,000 cr in FRL to acquire assets : Rashtra News #Amazon #confirms #Samara #Capital #ready #invest #FRL #acquire #assets On January 19, Amazon had approached the independent directors of FRL reiterating its willingness to assist the Mumbai-based company in addressing its financial concerns. Amazon has written to
Amazon says Future Retail directors acting at behest of promoters : Rashtra News #Amazon #Future #Retail #directors #acting #behest #promoters Bengaluru: In a fresh communication, Amazon has questioned the motive of 's independent directors on turning down the US etailer's proposal offering financial help. In a letter sent to the independent directors on Thursday evening, […]
Amazon has said it is pleased that for the first time since December 2, 2020, the independent directors of Future Retail are willing to consider Amazon s assistance in addressing the financial concerns of FRL.
Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital "remains interested and committed" to invest Rs 7,000 crore for buying all retail assets of the debt-ridden company and asked the retail firm to furnish existing due diligence reports to Samara by Sunday, according to sources. On January 19, Amazon had approached the