Disney and Reliance Industries have agreed to merge their media business in India, with the potential to create the country's largest entertainment company
邹高清
发表于 2023-12-25 16:20:17
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On December 25th, sources informed that India's Reliance Industries and Walt Disney signed a non binding agreement to merge their media businesses in India, creating the country's largest entertainment company.
It is reported that the 51:49 stock and cash merger will give Reliance Industries a majority stake, and the two parties may officially finalize the agreement by the end of January or February next year. (Economic Times, India)
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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