Breaking Reliance Retail acquired majority stake in Just Dial

[hike]

RIL dial 8888888888 to buy Justdial!

Mota bhai Mukesh Ambani dial 8888888888 to buy Justdial! What next? TATA will buy IndiaMART? Coz they recently acquired 1mg few months after RIL bought Netmeds.

Reliance in advance talks to buy Justdial, formal announcement likely on July 16

Mukesh Ambani’s telecom to petrochemicals conglomerate, Reliance Industries Ltd., is in advance negotiations to buy Just Dial (JD) from its founding promoters in a $800-$900 million transaction, said multiple sources aware. Just Dial has called for a board meeting on Friday July 16 to “evaluate”...

economictimes.indiatimes.com

 

[iDJ]

@hike bro. Correct the title. It says bought. Article says in advance talks.

 

[Esmail]

Reliance industries has now confirmed through a press release that they have bought a controlling stake of 40.95% in Justdial for Rs 3497 crore and will be making an open market offer for an additional 26% stake. The thread title can be updated accordingly.