Reliance Industries, Disney sign binding India merger pact: Report
Sunday, 25 February 2024 Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India. Reliance's media unit, controlled by billionaire Mukesh Ambani, will own at least 61% of the merged entity, creating a formidable media behemoth in India.
Reliance Industries, Viacom 18 Media, and Walt Disney have formed an $8.5 billion joint venture in India. Nita Ambani and Uday Shankar will lead the venture,... IndiaTimes
Reliance Industries and Walt Disney on Wednesday signed a binding pact to merge their media operations in India in a $8.5-billion deal, creating a behemoth with... IndiaTimes