Flipkart To Acquire 7.8% Stake In Aditya Birla Fashion
Bengaluru: E-commerce giant Flipkart will invest Rs 1,500 crore in Aditya Birla Fashion and Retail Ltd (ABFRL) to acquire 7.8% stake in the fashion apparel company.
“The rquity capital will be raised at Rs 205 per share. With this…