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Amazon association could not help Future Retail Stock

Published On 06 Jan 2020 03:56 AM


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Future Retail’s path to profits hinges on how quickly the firm complete its restructuring exercise and is able to raise resources.

A tie-up with Amazon Inc. was considered as positive. By acquiring about a 4.5% stake in the company via a stake purchase in Future Coupons Ltd, Amazon will infuse about 1,500 crores. It holds shares in Future Retail. In addition, Amazon has call options to pump up this stake in the future.

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Tags : future, amazon deal, analysts,
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