InvestorQ : What is the latest developments in Future deal and what are independent directors objecting about?
Priyanka N made post

What is the latest developments in Future deal and what are independent directors objecting about?

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Neelam Naik answered.
3 weeks ago
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Independent directors of Future Retail, who had raised objections to the Future Coupons deal of 2019, have disclosed new documents about the deal between Amazon and Future Coupons to the CCI. The idea is to bolster the case to strike down the 2019 deal as null and void. Amazon had allegedly relied on misrepresentations of facts and inadequate disclosures while investing $200 million in Future Coupons. That deal is the bone of contention now.

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