Amazon to acquire remaining 74% stake in Westland
Online marketplace Amazon has agreed to acquire the remaining 74% stake in Westland, the publishing unit of the Tata-owned retail company Trent. However, the terms of the deal were not immediately disclosed. Amazon had bought a 26% stake in Westland for about ₹9.5 crore in February. Following this, Amazon will also get to elect one member to the Westland board.