NEW DELHI: Future Group will challenge Delhi high court order that has blocked its $3.4 billion (nearly Rs 25,000 crore) retail assets sale on objections of business partner Amazon.com Inc, a source told Reuters on Wednesday.
The high court blocked Future Group’s sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal, in a battle of the retail titans that could reshape the shopping sector.
The high court blocked Future Group’s sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the deal, in a battle of the retail titans that could reshape the shopping sector.
The appeal against that order is set to be filed later on Wednesday in the court, the source said, declining to be identified.
Hello Friends My name Is John, I Am Expert Researcher. And News Creator, I Have Lot Of Experience In This field. If You Like My Website News Means Please Subscribe To My Newsletter For Daily Updates, If You Like My Website Means Visit My Site Regularly And Comment.
