Reliance dials 8888888888 to shop for Justdial
Synopsis Just Dial has called for a board meeting on Friday July 16 to “evaluate” fund raising proposals. A formal announcement is expected today. Reliance in advance talks to buy Justdial, formal announcement likely on July 16 Even as the Future Group buyout remains caught in legal crosshairs with Amazon, Asia’s richest man Mukesh Ambani is making a move on his next strategic target. Ambani’s telecom to petrochemicals conglomerate, is in advance negotiations to buy Just Dial (JD) from its founding promoters in a $800-$900 million transaction, said multiple sources aware. The transact...
Source: indiatimes.com