Samara and Amazon may sell up to 20% of their stake in More retail chain

Samara and Amazon may sell up to 20% of their stake in More retail chain.

The sources claim that the Samara and Amazon partnership has approached family offices and domestic capital investors for this round.

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Samara and Amazon purchased the retail chain in 2019 for an estimated price of less than $600 million.

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Amazon was utilizing Future Retail’s BigBazaar outlets for its grocery services prior to the legal dispute.

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