Tag: Sale

Flipkart Stake Sale to Walmart Could Happen as Early as Next Week; Deal Pegged at $18 Billion

Walmart could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. The US retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to