RIL completes acquisition of IMG Worldwide LLC's Stake in sports management JV
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Reliance Industries Ltd has completed acquisition of IMG Worldwide LLC's stake in their sports management joint venture IMG Reliance Ltd (IMG-R). "The company has, on December 28, 2020, completed the acquisition of equity shares of IMGR. Accordingly, IMG-R has become a wholly-owned subsidiary of the company," Reliance Industries said in a regulatory filing.