Reliance Industrial Investments and Holdings Re11.5 billion acquisition of 65% stake in Indian Film Combine

17/2/2018

Private acquisition

Value:

Re 11.5 billion

Dollar value:

$ 171 million

Status:

Announced

Date:

17/2/2018

Overview:

Reliance Industrial Investments and Holdings (RIHL) has acquired a 65% stake in the Indian Film Combine for Re11.5 billion.
RIIHL will acquire 20% from Xander Group and 45% from other entities.
The remaining 35% will be held by the Maker Group.

Sam Duke

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Consumer goods and services

Firm:

AZB & Partners

Party: Reliance Industrial Investments and Holdings (Acquirer)

Party: Indian Film Combine (Target)

Lawyers: Ashwath Rau, Kashish Bhatia

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