Amazon warns Future Retail against holding meeting to approve deal with Reliance - Economic Times

4/13/2022 12:00:00 AM3 yearsago
by Rasul Bailay
by Rasul Bailay
In a letter to Kishore Biyani and family on late Tuesday night, the US e-commerce giant has warned and said such meetings are illegal and would not only breach 2019 agreements when Amazon made investments into FRLs promoter firm but would also violate a Singa…
Amazon has warned Future Retail Ltd (FRL) against holding of next weeks meetings of its shareholders and creditors to approve the sale of its retail assets to Reliance Retail. In a letter to Kishor… [+2133 chars]
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