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Reliance Big Entertainment to Buy Stake in Codemasters

Reliance Big Entertainment Ltd. said Monday it has agreed to acquire a 50% stake in British video game developer Codemasters.

Reliance Big didn't disclose the amount it intends to pay for the stake buy. Codemasters had annual revenue in excess of $150 million, the Indian entertainment company said, without giving further details.

Reliance Big is part of the diversified Anil Dhirubhai Ambani Group. (WSJ)

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