Amazon wanted $40 million to drop its 'right of first refusal': Future - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Amazon wanted $40 million to drop its 'right of first refusal': Future

The homegrown retailer claimed that Abhijeet Mazumdar, head of corporate development and private investments at Amazon, had made a verbal offer to Future Group promoter Kishore Biyani on behalf of the e-tailer, asking for “$40 million as compensation in exchange for the Future Group and Reliance proceeding with the disputed transaction”.

from Industry-Economic Times
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