Acquisitions18 Aug 2026, 08:11 pm
Repro India Subsidiary Acquires 100% of Repro LLC for AED 10,000
AI Summary
Repro Books Limited (RBL), a wholly owned subsidiary of Repro India Limited, has entered into a Share Purchase Agreement to acquire 100% of the equity shares of Repro LLC. The acquisition, valued at AED 10,000 in cash, is subject to regulatory formalities and expected to complete by August 31, 2026. Repro LLC, which has not yet commenced operations, will become a step-down wholly owned subsidiary. This move aims to strengthen Repro India's presence in the UAE and facilitate book distribution business online and offline.
Key Highlights
- Repro India subsidiary acquires 100% of Repro LLC.
- Acquisition cost is AED 10,000 cash consideration.
- Deal aims to expand UAE presence and book distribution.
- Transaction is a related party transaction.
- Completion subject to regulatory approvals and formalities.
Price Impact
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