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Dassault in talks to buy out Reliance stake in DRAL joint venture · Endata

◂ Announcements

Feb 19, 2020ACQUISITIONNagpur, India

Dassault in talks to buy out Reliance stake in DRAL joint venture

Dassault Aviation is in talks to buy out Reliance Infrastructure's stake in their joint venture Dassault Reliance Aerospace Limited (DRAL), seeking 100% ownership. The JV operates a manufacturing facility in Nagpur, India.

Status

Rumored

ProductsFalcon 2000 executive jetaerospace components

CompaniesDassault Aviation acquirer Reliance Infrastructure target Dassault Reliance Aerospace Limited target

Sectors#Aerospace Components

“Dassault is seeking a 100 per cent ownership of DRAL, as is permissible under Indian regulations.”sps-aviation.com

1 source
sps-aviation.comDassault in talks to buy out Reliance stake in DRALFeb 19, 2020

Summarized from public sources; check the original articles before acting on it.

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