Saturday, February 17, 2018

RIL to buy 65% stake in IFC for Rs 1105 cr

... arms-length basis and at the same valuation at which equity shares of IFC are being purchased from the Xander Group. The valuation has also been independently confirmed by Jones Lang LaSalle Property Consultants (India) Pvt Ltd (JLL) and Ernst & Young Merchant Banking Services Pvt Ltd (E&Y) ...

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