Reliance-Future Deal Said to Be Put on Hold as Amazon Wins Arbitration Order Against Agreement
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A Singapore arbitration panel has put on hold Future Group's $3.38 billion (roughly Rs. 24,900 crores) asset sale to Reliance Industries, an interim win for Amazon, which had alleged the deal between the Indian firms breached existing agreements.
A Singapore arbitration panel has put on hold Future Group's $3.38 billion (roughly Rs. 24,900 crores) asset sale to Reliance Industries, an interim win for Amazon, which had alleged the deal between the Indian firms breached existing agreements.
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