Walmart can also start IPO for India’s Flipkart in as early as 4 years
As part of the deal, Walmart will initially appoint five directors to Flipkart’s board, two directors will be named by minority shareholders while Bansal will take one board seat, according to the filing. Walmart said it may, in future, appoint a sixth board member with the approval of the majority of the Flipkart directors. It…

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