Adlabs shareholders give nod to Reliance deal

Indiatelevision: The buyout of Adlabs by Reliance has been approved by Adlabs Films’ shareholders.
Reliance Land, a part of the Reliance Capital Group, recently announced it was acquiring for Rs 3.50 billion ($83 million) a 51 per cent controlling stake in Adlabs Films, a leading motion picture processing laboratory which also runs a chain of multiplexes.

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