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Reliance to sell a 24% stake in its radio unit to Jagran Prakashan for $173m.

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Principals

RELIANCE BROADCAST NETWORK

target

RELIANCE BROADCAST NETWORK

JAGRAN PRAKASHAN LTD

bidder

JAGRAN PRAKASHAN LTD

RELIANCE INDUSTRIES LIMITED (RIL)

vendor

RELIANCE INDUSTRIES LIMITED (RIL)

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