Acquisition by Reliance Industries Limited of the entire shareholding held by IMG Singapore Pte Ltd in IMG Reliance Limited, a joint venture between Reliance Group and IMG Group that is engaged in the sports and management business for a cash consideration of INR 52.08 crore (USD 7.17 million), according to reports.

Khaitan & Co advised Reliance Industries Limited led by a team of partner Rahul Dutt, partner Shantanu Gupta, senior associate Saumya Kakar, associate Virali Nagda.

2020-12-29

Deal value: USD 7.17 million

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