India's Biggest E-Commerce Merger at Risk as Billionaire Objects
Flipkart Online Services Pvt.’s planned acquisition of rival Indian e-commerce provider Snapdeal has hit a snag that may put the deal in jeopardy, or at least substantially drive down Snapdeal’s valuation from a previously agreed-upon $1 billion. One of the smaller investors in Snapdeal, the family office of billionaire Azim…
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