India's biggest company by market value, Reliance is to buy IMG Worldwide's 50%
in IMG-Reliance Ltd (IMG-R) joint venture for Rs 52.08 crore in cash.

RIL will rebrand the company after the closure of the deal.

This deal will lead Reliance to also enter the big wig event space and play it's
ace card as IMG is the leading events, media, fashion and sports company.

What's your assessment of this new deal by Reliance?

#deal #reliance #jointventure #media

Posted by Radhika Bajoria on LinkedIn