Traders' body files complaint with CCI accusing Amazon of concealing facts for More Retail takeover nod

CAIT said that Amazon has taken over More Retail through Samara Alternate Investment Fund (Samara AIF) that owns 51 per cent equity in Witzig Advisory LLP that in-turns owns More Retail Limited. It further stated that Amazon has obtained approval from CCI for the takeover of More Retail Limited "by suppression and concealment".

from Gadgets Now https://ift.tt/3KIhjRG
via IFTTT