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Reliance Industries informs about company updates

30 Jun 2018 Evaluate

Reliance Industries has informed that the company has today entered into a definitive agreement to acquire 100% of Radisys Corporation (NASDAQ: RSYS) through a wholly owned subsidiary set up in US for cash consideration aggregating to approximately $75 million equity value, based on current outstanding and dilutive equity share impact. RSYS is a global leader of open telecom platform solutions incorporated in the State of Oregon, USA in March 1987.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Reliance Industries 1175.20
Indian Oil Corpn. 126.45
Bharat PetroleumCorp 285.20
HPCL 327.40
MRPL 172.20
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