Reliance and Walt Disney Announce Merger of Media Assets in India
Wednesday, 28 February 2024, 13:38
Reliance and Walt Disney's Media Assets Merger in India
Reliance, under the leadership of Mukesh Ambani, will be injecting a substantial $1.4 billion into this alliance, securing a significant stake of more than 63%. The collaboration positions these two industry giants for a strategic convergence in the competitive Indian media sector, emphasizing a new phase of growth and influence.
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