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Walmart Inc. is close to finalizing a deal to buy a majority stake in India’s leading e-commerce company for at least $12 billion and may complete the agreement in the next two weeks, according to people familiar with the matter......»»

Among the issues still to be resolved are whether Flipkart's founders will lead the business after the purchase, how much each existing investor sells and what Walmart's final stake will be.....»»

MUMBAI (Reuters) - Indian e-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources......»»

MUMBAI/BENGALURU (Reuters) - Indian e-commerce firm Flipkart's board is yet to finalize a deal to sell a stake to Walmart Inc, two sources with direct knowledge of the matter said on Friday, adding that a deal could just be days away......»»

Walmart and Flipkart have reportedly agreed on a deal that would give Walmart a 75% stake in India's leading e-commerce firm for an investment of $15 billion......»»

MUMBAI/NEW YORK (Reuters) - Walmart Inc will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal, in an attempt to compete with rival Amazon.com Inc in a key growth market......»»

NEW YORK/MUMBAI (Reuters) - Walmart Inc said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart, the U.S. retailer's largest-ever deal as it competes with Amazon.com Inc in an important growth market......»»

The move comes days after Walmart acquired a majority stake for $16 billion home-grown e-commerce firm Flipkart at a valuation of around $20 billion......»»

NEW YORK/SAO PAULO (Reuters) - Walmart Inc said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April......»»

Walmart has reached a deal to sell a majority of its Brazil operations to private-equity firm Advent International, as the global retail giant scales operations in markets where it has struggled......»»

Walmart has agreed to sell an 80% stake in its Brazilian business to private equity firm Advent International. The retailer will take a non-cash writed down of about $4.5 billion on the deal......»»

Walmart is cutting its earnings targets for the year as part of its purchase of a majority stake in Flipkart......»»

Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The .....»»

L Brands Inc filed a legal complaint against Sycamore Partners on Thursday, after the buyout firm walked away from a $525 million deal to acquire a majority stake in the company's Victoria's Secret lingerie brand......»»

Buyout firm Sycamore Partners disclosed on Wednesday it had walked away from a $525 million deal to acquire a majority stake in Victoria's Secret, after the lingerie brand shut down stores and furloughed staff in response to the coronavirus outbreak......»»

Columbus retail giant L Brands' plan to sell a majority stake in Victoria's Secret is on the rocks. New York private equity firm Sycamore Partners has informed the company it wants to terminate the deal, L Brands announced Thursday. The private e.....»»

Investment group PPF, owned by the Czech Republic's richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday......»»

Washington, D.C.-based business-to-business media company Industry Dive has sold a majority stake to Charlotte private equity investment firm Falfurrias Capital Partners. Terms of the deal were not disclosed. It was sealed Aug. 30. Industry D.....»»

WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth......»»

Retail giant Walmart Inc (NYSE: WMT)'s $16-billion acquisition of India's Flipkart included a majority stake in a payments app, PhonePe, thatcould be worth more than $14 billion in the medium-term.....»»