Sources: Walmart likely to reach deal to buy ~51% of Flipkart by end of June; Walmart offered $10-$12B, in part for newly issued shares valuing Flipkart at $18B (Sumeet Chatterjee/Reuters)

Sumeet Chatterjee / Reuters:
Sources: Walmart likely to reach deal to buy ~51% of Flipkart by end of June; Walmart offered $ 10-$ 12B, in part for newly issued shares valuing Flipkart at $ 18B  —  HONG KONG/MUMBAI (Reuters) – Walmart Inc (WMT.N) is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart …


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