Future Group stocks surge 20% after India suspends 2019 Amazon deal

Australia News News

Future Group stocks surge 20% after India suspends 2019 Amazon deal
Australia Australia Latest News,Australia Australia Headlines

Shares of India's Future Group companies surged about 20% on Monday after the country's antitrust agency suspended Amazon.com Inc's 2019 deal with the group, potentially making it easier for Reliance Retail to buy Future's retail business.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

The regulator ruled the U.S. e-commerce giant suppressed information while seeking regulatory approval on an investment in Indian retailer Future Group two years ago.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in AU
 

Australia Australia Latest News, Australia Australia Headlines



Render Time: 2025-01-14 02:43:16