कहा जा रहा है कि डिज़्नी अगले हफ्ते में रिलायंस के साथ अपने मर्जर को समाप्त करने की तैयारी में है।

कहा जा रहा है कि डिज़्नी अगले हफ्ते में रिलायंस के साथ अपने मर्जर को समाप्त करने की तैयारी में है।

Reportedly, Disney is set to conclude its merger with Reliance next week.

According to reports, Disney is poised to finalize its merger with Reliance in the coming week.

  • Global News
  • 357
  • 12, Dec, 2023
Jyoti Ahlawat
Jyoti Ahlawat
  • @JyotiAhlawat

कहा जा रहा है कि डिज़्नी अगले हफ्ते में रिलायंस के साथ अपने मर्जर को समाप्त करने की तैयारी में है।

Strategically, Ambani boosted the platform by offering complimentary access to the Indian Premier League cricket tournament, whose digital rights were previously owned by Disney.

In the event of the deal materializing, Reliance is expected to infuse funds to secure a minimum 51% stake in the merged entity, while Disney would retain the remaining ownership, according to sources cited by Bloomberg. However, the report did not specify the financial terms of the agreement.

Earlier in the day, the Economic Times newspaper reported that the two companies are in the final stages of outlining the specifics of a non-binding term sheet that delineates the merger of their media operations in India.

Reportedly, Disney is set to conclude its merger with Reliance next week.

Jyoti Ahlawat

Jyoti Ahlawat

  • @JyotiAhlawat