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Walmart's $16 Billion India Investment Hits Waltons' Fortune | Tony Seruga
May
09

Walmart’s $16 Billion India Investment Hits Waltons’ Fortune

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  • Falling shares cut $4.3 billion from the Walton family fortune
  •  Walmart’s purchase makes Flipkart’s co-founders billionaires

Walmart Inc., controlled by the Walton family, led a group that bought a 77 percent stake in Flipkart Online Services Pvt. The deal valued the Indian company at about $21 billion…

Walmart’s $16 Billion India Investment Hits Waltons’ Fortune

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