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Largest M&A Deal- Walmart Takes over Flipkart

Author: Advocate Dhruv Berry and Associate Abhishek Jha Walmart Inc is an American multinational retail company, the largest in the world by revenue and strives to grow more by giving a cut-throat competition to its peer and one of the biggest rival company is Amazon. Due to its expertise in retail market and a strong supply chain management and a commitment to deliver the quality at the lowest possible price Walmart acts as a silent killer for all the small retailers; and to grow further primarily to enter in the online retail alike the Amazon in Indian market it has invoked various possible way and came out with the acquisition of Flipkart, which is having the largest share of Indian retail market around 31.9% chased by Amazon at 31.1%. One of the largest deal, probably in the world is the Buyout of Flipkart by Walmart. the deal stuck at the investment of US $ 16 Billion out of which 12.5% i.e. NITI Aayog Vice Chairman Rajiv Kumar said “It will have a very positive impact.

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