Articles tagged under: Eros

Reliance Industries Limited to acquire stake in Eros International PLC

February 21, 2018
Reliance Industries Limited to acquire stake in Eros International PLC

Mumbai: Reliance Industries Limited (“RIL”) and Eros International PLC (“Eros”) announced today that RIL, through a subsidiary, has agreed to subscribe to a 5% equity stake in NYSE listed Eros at a price of USD15 per share, which represents an 18% premium to last closing price. The transaction is subject to customary regulatory and other approvals. Furthermore, RIL and Eros International Media Limited (“Eros India”) announced that they have agreed to partner in India to jointly pr...Read More

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