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New Deal


Announced

Completed

Flipkart Group completed the acquisition of Walmart India.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

retail chain

Private

Friendly

retailers

India

Diversified Retailers

cash & carry

Majority

Single Bidder

Cross Border

Synopsis

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Flipkart Group, an Indian e-commerce group, completed the acquisition of Walmart India, the local cash & carry business of Walmart. Financial terms were not disclosed. "The acquisition of Walmart India adds a strong talent pool with deep expertise in the wholesale business that will strengthen our position to address the needs of kiranas and SMEs uniquely. With this development, the Flipkart Group will further build upon the synergies across its businesses to drive greater value and choice for end-consumers and businesses alike,” Kalyan Krishnamurthy, Flipkart CEO.

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