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Snapdeal rejects $800-$900 million offer from Flipkart

Snapdeal has rejected an initial takeover offer of $800-$900 million from rival Flipkart, according to a latest report from the Economic Times. The development comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. The offer made by Flipkart is only for Snapdeal’s online marketplace and doesn’t include Snapdeal’s payments … Continue reading "Snapdeal rejects $800-$900 million offer from Flipkart"
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