CCI clears merger of RIL's media assets with Walt Disney

The Competition Commission of India approved the merger between Reliance Industries' and Walt Disney's media assets. The new entity will become India's largest media conglomerate with 63.16 per cent ownership by Reliance and 36.84 per cent by Disney. It will include 120 television channels and two streaming services, with some voluntary modifications made by both parties.

from Sports News: Latest Cricket News, Live Match Scores & Sports News Headlines, Results & more https://ift.tt/vtMTyP5

Post a Comment

Previous Post Next Post