Khaitan, Phoenix lead on Radio City acquisition of Big FM for 1,050 crore

Bar & Bench May 28 2019
Radio City acquires Big FM

Music Broadcast Ltd (MBL), which owns Radio City is acquiring Reliance Broadcast Network, which houses private FM brand Big FM, in a two-part deal for Rs 1,050 crore.

Khaitan & Co acted for Music Broadcast Ltd.

Phoenix Legal acted for Reliance Capital group and the team was led by Mumbai Partner Siddharth Hariani along with Delhi Senior Associate Akshay Sachthey.

MBL owns rival FM brand Radio City, which operates . . .

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