Online marketplace Snapdeal has started a due diligence process to acquire rival ShopClues in what will be an all-stock deal between the two companies, said three sources familiar with the development. Snapdeal is also exploring a capital raise at a valuation of about $2 billion, which could be aided by the acquisition.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2JW2tdo
via IFTTT
No comments:
Post a Comment