Tag: Reliance Disney deal

Tribunal Approves $8.5 Billion Reliance, Walt Disney Merger

August 30, 2024 admin

Tribunal Approves .5 Billion Reliance, Walt Disney Merger

To get the merger over the line, the two companies have offered concessions (Representational) A company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney’s Indian media assets, Reliance said on Friday. Earlier this week, the companies had won approval from the Competition Commission of India (CCI) for the deal, after assuaging…

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Anti-Trust Body Clears Reliance, Walt Disney Mega-Deal Merger

August 28, 2024 admin

Reliance Industries has also agreed to invest close to Rs 11,500 crore into the joint venture. New Delhi: The Competition Commission of India on Wednesday approved the merger of the media assets of Reliance Industries and Walt Disney Co to create the country’s largest media empire worth over Rs 70,000 crore. The deal, announced six…

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Reliance, Disney Merger Will Hurt Rivals, Warns Antitrust Body: Report

August 20, 2024 admin

“Cricket is the biggest pain point for the CCI,” Reuters reported. Antitrust body, the Competition Commission of India, has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt Disney media assets harms competition due to their power over cricket broadcast rights, four sources told Reuters on Tuesday. In the biggest…

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