Mukesh Ambani scraps $4.4 billion deal that sets up clash with Jeff Bezos

April 25, 2022 9:18 AM

MUMBAI (BLOOMBERG) – Billionaire Mukesh Ambani abandoned a plan to buy a teetering Indian retailer amid protracted legal challenges from Amazon.com, potentially ending one episode of the broader clash between the two titans to control the country’s billion-people-plus market.

Source : https://www.straitstimes.com/business/companies-markets/mukesh-ambani-scraps-44-billion-deal-that-set-up-clash-with-jeff-bezos