Reliance Jio Infocomm Limited has proposed restructuring / reorganising the business of Reliance Jio Infocomm Limited through a composite scheme of arrangement amongst Reliance Jio Infocomm Limited and Jio Digital Fibre Private Limited and Reliance Jio Infratel Private Limited and their respective shareholders and creditors.
Khaitan & Co advised Reliance Jio Infocomm Limited led by a team of partner Haigreve Khaitan, partner Mehul Shah, partner Sharad Abhyankar senior associate Sanket Shah, senior associate Aman Yagnik and associate Rushabh Gala.
2019-03-22
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economictimes.indiatimes.com/industry/telecom/telecom-news/brookfield-reliance-inch-closer-to-a-towering-deal/articleshow/69749074.cms
This transaction seems to be a part of the invit deal. Your reporting would be incomplete without mentioning that this transaction has been done to enable the monetization of RJIO's fibre and tower assets.Any thoughts Kian?Can you please clarify?
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