Let denote the set of all r-partite graphs consisting of n vertices in each partite class. An independenttransversal of is an independent set consisting of exactly one vertex from each vertex class. Let Δ(r,n) be the maximal integer such that every with maximal degree less than Δ(r,n) contains an independent transversal. Let Cr = limn→∞Δ(r,n)/n. We establish the following upper and lower bounds on Cr, provided r > 2: . For all r > 3, both upper and lower bounds improve upon previously known bounds of Bollobás, Erdős and Szemerédi. In particular, we obtain that , and that limr→∞Cr ⩾ 1/(2e), where the last bound is a consequence of a lemma of Alon and Spencer. This solves two open problems of Bollobás, Erdős and Szemerédi.