Amazon likely to buy 7-8% stake in Future Retail: Report
E-commerce major Amazon is likely to buy an at least 7-8% stake in Kishore Biyani-led Future Retail through an investment arm, according to reports. The potential cash-and-stock deal, which is in its final stages, could reportedly be worth around $338 million. Earlier reports claimed that Amazon was in talks to buy a 10% stake in Future Retail.