Walmart's (WMT) Flipkart Said to Mull U.S. Listing with SPAC as Option - Bloomberg

March 4, 2021 6:30 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Walmart's (NYSE: WMT) Flipkart is exploring going public in the U.S. through a merger with a blank-check company, as it seeks to quicken its listing process, according to Bloomberg, citing people familiar with the matter.

The India-based online retailer has been weighing a U.S. IPO and its now looking at other options. Flipkart's advisers have approached several SPACs

The company could seek valuation of at least 35 billion.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

IPOs, Rumors, SPAC

Related Entities

Definitive Agreement, IPO, SPAC