“Reliance Brands pipped FirstCry.com to acquire the rights to operate stores of UK-based kids products company Mothercare in India. The deal will give the unit of Reliance Industries control over all Mothercare outlets currently run by DLF Brands, according to three people aware of the matter,” reported The Economic Times.

AZB & Partners advised Reliance Brands Limited and Reliance Industries Limited led by a team of partners Ashwath Rau, Anu Tiwari and lawyers Vipul Jain, Atreya Bhattacharaya, Utkarsh Bhatnagar.

2018-01-29

Deal value: Rs 203.4 crore ($29.92m)

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.