Disney, Reliance Said to Ink Binding Pact to Merge India Media Operations
[ad_1] Walt Disney and Reliance Industries have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous…
Reliance, Bodhi Tree Said to Take 60 Percent Stake in Disney India Merger
[ad_1] Billionaire Mukesh Ambani’s Reliance is close to merging its India media business with Walt Disney with a 51 percent-54 percent stake, a deal that values the US giant’s Indian operations at just $3.5 billion (roughly Rs. 29,043 crore), said…