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Reliance Mediaworks News

04 Aug 2015

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.

Reliance Mediaworks

08 Apr 2015

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.

Reliance Mediaworks

31 Mar 2015

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.

Reliance-Prime Focus deal

15 Dec 2014

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".

15 Dec 2014

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.

Reliance Capital

02 Jul 2014

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.

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