Future Retail seeks tribunal OK for $3.4 billion asset sale deal; Amazon pushes to block

NEW DELHI: Future Retail has approached a tribunal to seek a key approval for its $3.4 billion asset sale to Reliance Industries, its lawyer told a court on Thursday, even as partner Amazon tries to block the transaction. Amazon is locked in bitter legal disputes with Future and alleges the firm violated some of their pre-existing contracts by selling its retail assets to Reliance last year. Future denies any wrongdoing.
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