Indian e-commerce firm Snapdeal on Monday said it was ending all talks regarding a sale to bigger rival Flipkart and would remain independent, bringing down the curtain on months of negotiations around the deal valued at up to $950 million.
Indiane-commercefirmSnapdealonMondaysaiditwasendingalltalksregardingasaletobiggerrivalFlipkartandwouldremainindependent,bringingdownthecurtainonmonthsofnegotiat
TheboardofIndianonlinemarketplaceSnapdealacceptedbiggerrivalFlipkart'srevisedtakeoverofferof$900million-$950millionlastweek,twosourcesfamiliarwiththemattersaido
OnlinemarketplaceSnapdealhasacceptedFlipkart'srevisedtakeoverofferofupto$950million,twosourcessaidonWednesday,providinghefttoitsbiggerrivalinahigh-stakesbattlew
India'sNo.3e-commerceplayerSnapdealhasrejectedaninitialtakeoverofferfromitslargerrivalFlipkartthisweek,butthetalksbetweenthetwocampsthathavebeenattemptingtoforg
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