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The Amazon-Samara combine has approached family offices and domestic capital investors for the deal, sources said

Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share

Aditya Birla Group exits food and grocery retail business

Samara to have 51% stake, while Amazon will take the rest, CNBC TV18 reported

Group had to shut unviable stores, go slow on expansion in the recent years; reports even say talks are on for selling the chain