Amazon, Goldman Sachs and Samara Capital likely to acquire grocery chain 'More', says report
Updated : August 20, 2018 12:14:39 IST
'More' currently has a valuation between Rs 4,500 and 5,000 crore.
Goldman Sachs Special Situations Group is likely to be the investment bank for this deal.
The three are planning to float a separate company or special purpose vehicle (SPV) so that Amazon will be able to pick up a 49 percent stake as the “strategic partner”.
Published : August 20, 2018 11:08 AM IST