SAM, Khaitan, Hogan, Gunderson, CAM, Trilegal on biggest e-commerce deal: Walmart acquires 77% stake in FlipkartMay 9 2018
Global retail giant Walmart is buying 77% stake in Flipkart for $16 billion. The deal will probably be the biggest in the e-commerce space.
The remainder of the business will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal, Tencent Holdings Limited, Tiger Global Management LLC and Microsoft Corp.
Shardul Amarchand Mangaldas and Hogan Lovells acted for Walmart.
The SAM team was . . .
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