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RELIANCE COMMUNICATIONS LTD. - RCOM AFK Sistema exclusive discussions on a potential merger
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15 Jun 2015
Reliance Communications Ltd has informed BSE that Reliance Communications (RCOM) and AFK Sistema have entered into exclusive discussions on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd. (SSTL) and RCOM through a stock swap. The discussions are indicative and non-binding in nature, and remain subject to due diligence, definitive documentation and approvals, as may be necessary. There is no certainty that any transaction will result.
View all announcements for RELIANCE COMMUNICATIONS LTD. Source: BSE India