Rel MediaWorks completes multiplex biz sale to Carnival Group
Anil Ambani-led Reliance MediaWorks Ltd (RMW) today said it has completed sale of its multiplex business to Carnival Cinemas for Rs 700 crore and will use the sales proceeds to bring down Reliance Capital's debt.
Aug 04, 2015, 13:08 PM IST
Prime Focus-Reliance MediaWorks deal completed
The transaction was first announced in July 2014. It received the Competition Commission of India's (CCI) approval on 15 December 2014.
Apr 08, 2015, 17:22 PM IST
Reliance Media-Carnival deal gets CCI clearance
Reliance MediaWorks, part of Anil Ambani-led group, has got the green signal from fair trade regulator CCI to sell its multiplex business to South-India based Carnival Films.
Mar 31, 2015, 21:22 PM IST
CCI clears Reliance-Prime Focus deal
According to the Competition Commission, the deal, which would create an entity with a combined turnover of over Rs 1,800 crore, is "not likely to have appreciable adverse effect on competition in India".
Dec 15, 2014, 20:03 PM IST
Anil Ambani's Reliance Group sells multiplex biz to Carnival
Anil Ambani-led Reliance Group has sold its Big Cinemas unit to South India-based Carnival Group in a deal that would lower the debt of its financial services arm Reliance Capital by about Rs 700 crore.
Dec 15, 2014, 10:37 AM IST
Reliance Capital to sell non-core assets
Reliance Capital on Wednesday said it has begun the process of unlocking value from investments in non-core sectors to focus on its key financial services businesses.
Jul 02, 2014, 22:24 PM IST
