“The retail unit of Reliance Industries has acquired mid-segment menswear brand John Players from ITC Ltd. This will add Rs 350 crore to Reliance Retail’s value fashion business carried out through Reliance Trends and Ajio.com, said people with knowledge of the matter,” reported The Economic Times about the deal estimated at Rs 150 crores.

Bar & Bench had reported that L&L Partners acted for Reliance Industries Limited led by partners Deepak THM and Nirupam Lodha with managing associate Vivek Pareek and Reshma Vaidya and associate Ayushi Harsh.

2019-03-26