Monday, July 05, 2010

KPMG India Decides Reliance Merger Swap Ratio, But Some Questions Linger


John Fowler, Big4.com
July 5, 2010

KPMG India was the independent third party valuation firm which has set an exchange ratio in the proposed merger $11 billion of Reliance Anil Dhirubhai Ambani Group (Reliance ADAG)’ s group company Reliance Natural Resources Limited (RNRL) with another group company Reliance Power Limited (Reliance Power) in an all-stock deal.

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