Amazon acquires 49% stake in Future Coupons for Rs 1,500 crore
Updated : December 27, 2019 06:12 PM IST
The Competition Commission of India (CCI) gave Amazon approval to acquire stake in Future Coupons in November 2019.
Future Retail’s current debt has been estimated in the range of about Rs 3,000 – 3,500 crore.
Future Retail, which runs Big Bazaar, FBB, Foodhall, Easyday Club and Heritage Fresh, has been working on improving operational efficiencies at the company level.