Dial a Deal: RIL to buy up to 67% stake in Justdial
Dial a Deal: RIL to buy up to 67% stake in Justdial SECTIONS Share Synopsis Just Dial will also be making a preferential allotment to Reliance Retail at Rs 1022.25 share to infuse Rs 2164.88 crore into the company, or around 25.33 percent stake and capitalise its operations and take on competition. Reliance Retail announced its second largest acquisition till date, buying a controlling 67% stake in Just Dial for around $700 million or Rs 5222.8 crore on Friday, to double down on local commerce...
Cyril Amarchand Mangaldas Shaleen Kumar Isha Ambani Shardul Amarchand Mangaldas Jiomart Kirana Vivekanand Subbaram
Source: indiatimes.com