Indian giant Reliance Industries Limited has taken a minority 5% stake in media company Eros International. Eros, which acquires, co-produces and distributes Indian films, is the first Indian media company to ever list on the New York Stock Exchange. Reliance is paying $15 per share, repping an 18% premium on Eros’ last closing price.
Comment on Reliance Industries Takes Stake In Eros International, Teams On $150M Fund
Nancy Tartaglione, Deadline.com
Tue, 02/20/2018 - 9:04am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more