Reliance Brands to acquire majority stake in Superdry IP for Indian territory

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Reliance Brands Limited (RBL), through its wholly owned subsidiary in UK (RBUK), has signed a definitive agreement to enter a Joint Venture with UK-based Superdry PLC, by which RBUK and Superdry will own 76% and 24% of the joint venture entity, respectively. 

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superdry: Reliance Brands signs agreement to acquire majority