Credit Suisse approaches Snapdeal investors on Flipkart sale
Investment bank Credit Suisse is reaching out to minority shareholders and investors of Snapdeal to get them on board for the e-commerce platform's sale to rival Flipkart. This comes after Wipro Chairman Azim Premji's family office PremjiInvest, an investor in Snapdeal, objected to the $30 million payout proposed for Snapdeal Co-founders as part of the Snapdeal-Flipkart merger.