Disney nears multibillion-dollar deal with Mukesh Ambani's Reliance: Report
Monday, 23 October 2023 Reliance Industries, led by Mukesh Ambani, is reportedly close to a cash and stock deal to acquire Walt Disney's India operations. The deal is expected to involve the sale of a controlling stake in Disney Star, valued at around $10 billion. Reliance values the assets at $7 billion to $8 billion. The acquisition, which could be announced next month, may involve merging some of Reliance's media units into Disney Star. Disney is likely to retain a minority stake in the company. Disney's India streaming platform recently attracted a record 43 million viewers for a cricket match.
Chevron to Acquire Hess , for $53 Billion.
On Oct. 23, Chevron announced that it will buy out its competitor in an all-stock deal, Fox News reports.
The deal "upgrades and diversifies
Chevron's already advantaged portfolio,"
according to the energy company.
Hess’ Bakken assets add...
Mukesh Ambani, Reliance Industries chairman, received a death threat earlier this week, police said today. In an email, a person threatened to Kill the industrialist if he didn't give him ₹ 20..
Disney VFX Workers , Vote to Unionize.
Walt Disney Pictures visual effects employees have unanimously voted to unionize with the International Alliance
of Theatrical Stage Employees (IATSE),..
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Mukesh Ambani's conglomerate Reliance is another step closer to securing a major deal with Walt Disney, which can give a tough fight to major Hollywood studios... DNA
Reliance Industries is reportedly close to acquiring Walt Disney's India operations in a cash and stock deal. Disney may sell a controlling stake in its Disney... IndiaTimes