Reliance And Disney Announce Much-Anticipated Merger, Join Venture Valued At Over Rs. 70,000 Crore

admin29 February 2024Last Update :
Reliance And Disney Announce Much-Anticipated Merger, Join Venture Valued At Over Rs. 70,000 Crore

Reliance And Disney Announce Much-Anticipated Merger, Join Venture Valued At Over Rs. 70,000 Crore،

After months of speculation, Reliance's Viacom18 and Disney's Star India have merged their television and streaming businesses. The joint venture formed under the merger is valued at Rs. 70,352 crore, or approximately $8.5 billion, on a post-money basis. The companies announced the development via an official press release on Wednesday, February 28, 2024. […]

The post Reliance and Disney announce much-anticipated merger, join a company valued at over Rs. 4,000.70,000 Crore appeared first on Smartprix Bytes.