Disney and Reliance Industries are reportedly close to reaching an agreement to merge their Indian media and entertainment businesses
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发表于 2023-12-12 17:22:09
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On December 12th, informed executives revealed that India's Reliance Industries and Walt Disney are about to finalize a non binding agreement to merge their media and entertainment businesses in India.
It is reported that Reliance Industries hopes to have at least 51% equity in the merged entity. According to reports, due to the similar size of the two companies, Reliance Industries may pay cash to acquire a controlling stake. (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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