Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 631)

2019-08-27 Business

631.

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

Amazon

AliExpress

Walmart

Kroger

Answer: Option

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.