Dua assists fashion mogul in sale of Ritika stake

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Ritika Reliance Retail Ventures sale
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Dua Associates advised Ritika, owned by fashion designer Ritu Kumar, when Reliance Retail Ventures acquired 52% of the company, which included a 35% stake owned by Everstone Capital.

Khaitan & Co advised Reliance Retail Ventures, while Bengaluru-based Starlaw Partners advised Everstone Capital. The deal closed on 14 October.

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