11-09-2020 11:21 via retailgazette.co.uk

Amazon offered 40% stake in Indian conglomerate Reliance Retail for £15bn

// Indian billionaire Mukesh Ambani offers Amazon a £15.6bn stake in the retail arm of Reliance Industries
// Ambani is the chairman, managing director and largest shareholder of the Indian conglomerate
// Reliance Retail currently has almost 12,000 stores across IndiaIndia’s richest man Mukesh Ambani has reportedly offered Jeff Bezos’ Amazon a $20 billion (£15.6 billion) stake in the retail arm of his Mumbai-based Reliance Industries.
The Indian billionaire is the c
Read more »