Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.73)

73. 

Which organization has acquired 49% stake in Kishore Biyani-led Future Coupons Ltd recently?

[A]. Amazon
[B]. AliExpress
[C]. Walmart
[D]. Kroger

Answer: Option A

Explanation:

Amazon will acquire a 49% stake in Kishore Biyani-led Future Coupons Ltd for an undisclosed amount. Amazon has agreed to make an equity investment in Future Coupons Ltd. It will have both voting and non-voting shares. With this, amazon acquired around a 3.6 percent stake in the Future group.

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