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05.05.2018 16:08:45
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Walmart Reportedly To Invest About $15 Bln For 75% Stake In Flipkart
(RTTNews) - India's online retailer Flipkart is set to sell about 75% stake to Walmart Inc.-led group for approximately $15 billion, according to media reports, citing people familiar with the matter.
Under proposed deal, SoftBank Group Corp. will sell all of the 20-plus percent stake it holds in Flipkart through an investment fund at a valuation of roughly $20 billion, reports noted.
Google-parent Alphabet Inc. (GOOGL, GOOG) is likely to participate in the investment with Walmart, said one of the people. A final close is expected within 10 days, the reports specified.
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Nachrichten zu Alphabet A (ex Google)mehr Nachrichten
Analysen zu Alphabet A (ex Google)mehr Analysen
| 23.12.24 | Alphabet A Overweight | JP Morgan Chase & Co. | |
| 20.12.24 | Alphabet A Outperform | RBC Capital Markets | |
| 21.11.24 | Alphabet A Neutral | UBS AG | |
| 30.10.24 | Alphabet A Overweight | JP Morgan Chase & Co. | |
| 30.10.24 | Alphabet A Buy | Goldman Sachs Group Inc. |
Aktien in diesem Artikel
| Alphabet A (ex Google) | 185,82 | -0,16% |
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| Alphabet C (ex Google) | 187,14 | -0,16% |
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| Walmart | 87,56 | -0,56% |
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