Published by Global Banking & Finance Review®
Posted on September 5, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleDassault Aviation acquires a 2% stake in its JV with Reliance, gaining majority control with a 51% stake. The deal is valued at 1.76 billion rupees.
(Reuters) -Reliance Infrastructure said its unit would sell a 2% stake in its Indian joint venture to its partner, Dassault Aviation, making the French fighter plane maker a majority owner of the firm with a 51% stake.
The deal will fetch the Anil Ambani group company - which will hold a 49% stake - 1.76 billion rupees (nearly $20 million) and is expected to be closed by November 1, Reliance Infrastructure said in an exchange filing on Friday.
Dassault Reliance Aviation currently makes parts for the Rafale fighter aircraft used by India's air force, as well as some components for Dassault's Falcon 2000 business jets.
($1 = 88.2516 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru; Editing by Janane Venkatraman)
Dassault Aviation is acquiring a 2% stake in the joint venture with Reliance Infrastructure.
After the deal, Dassault Aviation will hold a majority stake, while Reliance Infrastructure will retain a 49% stake.
The transaction is expected to be closed by November 1.
Dassault Reliance Aviation manufactures parts for the Rafale fighter aircraft and components for Dassault's Falcon 2000 business jets.
Reliance Infrastructure will receive 1.76 billion rupees, which is nearly $20 million, from the sale of the stake.
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