Reliance About To Spend Rs 30,000 Crore Acquiring 50% Stake In Disney+Hotstar, Just Before Merger!

By

-

5 months ago

Billionaire Mukesh Ambani-owned Reliance Industries is reportedly acquiring 51-54% controlling stake in Disney’s India operations, for around $3.5 billion in enterprise valuation amid their tentative merger agreement. This marks a sharp drop from Disney India’s peak estimated valuation of $15 billion earlier fueled by ambitious localization plans. The deal consolidation currently underway intends forming India’s […]

The post Reliance About To Spend Rs 30,000 Crore Acquiring 50% Stake In Disney+Hotstar, Just Before Merger! appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

Read The Rest at :

Trak

Topics:

reliance

about

spend

crore

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.