नवीनतम
Reliance expects to complete merger with Disney's India business
NEW DELHI [Maha Media]: The merger of media assets of Reliance Industries and the India business of global media house Walt Disney is expected to be completed by the end of the third quarter of this fiscal, according to a regulatory filing by Mukesh Ambani-led group.
The fair trade regulator, the Competition Commission of India (CCI), has already approved the merger of Viacom18 and Star India. The National Company Law Tribunal (NCLT) has sanctioned the merger scheme.
"The companies are in the process of obtaining other requisite approvals for the completion of the transaction and transaction closer is expected in 3Q FY25," informed Reliance Industries on Monday in its quarter earning statement.
