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Merged star India-Viacom18 to be cash rich by over Rs 19k cr

By Economic Times - 3 months ago
As per the agreement with Walt Disney, RIL will inject ₹11,500 crore into Star-Viacom18, gaining a controlling 56% stake. Walt Disney will hold a 37% stake, with the remaining 7% owned by Uday Shankar and James Murdoch's Bodhi Tree Systems.

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