Reliance Retail has made a Rs 3,497 crore offer to Just Dial to hold a controlling stake in the nearby data and business listings stage.
This is Reliance Retail’s fourth acquisition — after Future Group, Netmeds, and UrbanLadder — in the last 12 months.
It will hold 40.95 percent in Just Dial, and make an open offer to get up to 26 percent (generally 2.17 crore value shares) in accordance…

