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Reliance Industries completes acquisition of RSYS

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Capital Market

For cash consideration aggregating to USD75 million equity value

Reliance Industries announced the successful completion of the acquisition of 100% stake of RSYS through a Special Purpose Vehicle set up in U.S. for cash consideration aggregating to approximately USD75 million equity value based on current outstanding and dilutive equity share impact.

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First Published: Dec 26 2018 | 11:32 AM IST

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