Snapdeal terminates talks for merger with Flipkart, says will pursue an independent path
Snapdeal founders Kunal Bahl and Rohit Bansal still do not want to sell Snapdeal to Flipkart, and would rather run a stripped-down version of the online marketplace with funds from the sale of the firm`s payments arm FreeCharge and its logistics unit Vulcan Express, two sources said on Monday.
Jul 31, 2017, 14:11 PM IST
Snapdeal to send Flipkart's proposal to shareholders this week
Snapdeal is likely to send Flipkart's USD 900-950 million buyout proposal to its shareholders this week to seek their views on the plan, according to sources.
Jul 30, 2017, 13:51 PM IST
Snapdeal board approves Flipkart's fresh takeover offer bid; to seek shareholders view
Shareholders of Snapdeal will now have to approve the deal.
Jul 26, 2017, 12:44 PM IST
Flipkart-Snapdeal deal: Negotiations on for higher offer
After Snapdeal's board reportedly rejected Flipkart's USD 850 million takeover offer, the two parties are now holding parleys over the USD 150-200 million valuation gap.
Jul 05, 2017, 18:03 PM IST
Snapdeal board rejects $850 million offer from Flipkart
The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.
Jul 04, 2017, 20:43 PM IST
