Global giant Walmart to acquire Indian e-commerce major Flipkart in $16 Billion deal!

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In a deal that has been finalized between two big players of commerce space, Walmart will be acquiring Flipkart with talking over 77% stakes of Indian e-commerce major.Walmart will pay approximately $16 billion to Flipkart as part of the deal.

(This is a breaking update, Detailed news to follow)

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