Future Retail challenges Amazon in a New Delhi court over Reliance deal

Future Retail wants partner Amazon not to interfere in its $3.4 billion asset sale deal

In August, Future Group sold its retail assets to Mukesh Ambani-led Reliance Industries Ltd

According to Amazon, the deal breaches agreements made in 2019 by Future

Amazon and Reliance had been at each other’s throats since the announcement of the deal

Last month, Amazon won an injunction to halt Future’s deal with Reliance from a Singapore arbitrator

 

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