Snapdeal to acquire ShopClues in all stock deal

Snapdeal to acquire ShopClues in all stock deal: Snapdeal is in talks to acquire ShopClues , Snapdeal had initiated talks with ShopClues to evaluate a “potential strategic alliance”, to buy smaller online retailer ShopClues in an all-stock deal. Snapdeal has investments from SoftBank, Foxconn and Alibaba Group.

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