Question
Walmart has increased its stake in Flipkart as it paid
_______to acquire shares from its non-controlling interest holders in six months.Solution
Walmart has increased its stake in Flipkart as it paid USD 3.5 billion (around Rs 28,953 crore) to acquire shares from its non-controlling interest holders in six months. After this, Walmart’s total holding in the Indian e-commerce player Flipkart would increase to 80.5 percent.
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