Brief: Prime Focus divests 30 pct stake in Digital Domain-Reliance
28/04/2016 03:55
April 27 (Reuters) - Prime Focus Ltd PRFO.NS : * Divests 30% stake in digital domain-reliance, llc; to form virtual reality and advertising jv in India; total deal value at US$ 55 million * As part of jv deal worth US$25 million, co will infuse US$5 million into the jv * Source text: (http://bit.ly/1WTEOJY) * Further company coverage PRFO.NS ((Bengaluru Newsroom; +91 80 6749 1130))
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