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Deal Closed | Joint venture of Reliance Industries Limited | BP Mobility

Touchstone Partners acted for BP Mobility in connection with its joint venture with Reliance Industries Limited (RIL)

Touchstone Partners acted for BP in connection with its joint venture with Reliance Industries Limited (RIL) to form, ‘Reliance BP Mobility Limited’ (RBML). BP paid $1 billion for a 49 percent stake in RBML, the joint venture, with RIL holding 51 percent.

The deal was led by Managing Partner Karam Daulet-Singh and Partners Gaurav Desai and Anuj Bhatia, along with Yashita Sharma, Palak Chadha, Mohit Bhatia, Surbhi Soni, Punya Varma, Shruti Bhat and Apurva Badoni.



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