RELIANCE RETAIL VENTURES ACQUIRES 40.95% STAKE IN JUST DIAL LIMITED FOR Rs 3,497 CRORES
Mumbai: Reliance Retail Ventures Limited has announced acquisition of controlling stake in Just Dial Limited for a total consideration of Rs 3,497 crores. Reliance Retail Ventures Limited to hold 40.95% and would make an open offer to acquire upto 26.0% in accordance with takeover regulations. Reliance Retail Ventures Limited (“RRVL”), Just Dial Limited (“Just Dial”)…