Reliance Money Express, a part of Reliance Anil Dhirubhai Ambani Group
announced that the company would acquire UK-based forex firm, No 1
Currency. The company becomes first Indian company to acquire an
international foreign exchange company.
With the acquisition of
the UK's fastest growing independent foreign currency specialist,
Reliance Money Express would widen its service offering globally.
The
Director and Chief Executive Officer, Bandyopadhyay said that No 1
Currency offered a strong proposition both in terms of synergy and
added value.
Source: RTT News