November 15, 2024 07:42 (IST)
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Reliance, Viacom 18, Walt Disney complete merger, creating India’s largest integrated media platform

Reliance, Viacom 18, Walt Disney complete merger, creating India’s largest integrated media platform

Mumbai: Reliance Industries Limited (RIL), Viacom18 Media Private Limited, and The Walt Disney Company announced on Thursday the official completion of their merger, which combines Viacom18’s media and JioCinema businesses with Star India Private Limited (SIPL), media reports said.

After CCI, NCLT Mumbai approves Reliance-Disney merger

After CCI, NCLT Mumbai approves Reliance-Disney merger

Mumbai: Following approval from the chief national competition regulator, the Mumbai bench of the National Company Law Tribunal (NCLT) has cleared the mega merger between Reliance-promoted Viacom18 and Walt Disney-owned Star India, paving the way for the creation of the country’s largest media empire, valued at over Rs 70,000 crore, media reports said.

CCI approves Reliance-Disney India merger

CCI approves Reliance-Disney India merger

New Delhi: India's anti-trust regulator has approved Reliance Industries Ltd's Rs 70,350 crore merger with Disney's Indian media assets, subject to specific voluntary modifications, paving the way for a media giant.