Indian competition panel seeks clarifications from Samara on Amazon-More deal: Report

Indian competition panel seeks clarifications from Samara on Amazon-More deal: Report

Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/Files

The Competition Commission of India has  sought clarity from private equity firm Samara Capital on Amazon’s role in the proposed acquisition of Aditya Birla Group’s More,  according to a report in The Economic Times quoting sources.

The report follows the US e-commerce giant’s investment arm Amazon.com NV Investment Holdings LLC and private equity firm Samara Capital seeking the panel’s approval to acquire supermarket chain More from the Aditya Birla group.

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