Mega merger between Disney and Reliance India: Companies agree to non-binding term sheet; Deal would create media and entertainment power – Deadline
Disney has taken another big step towards realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, which would create one of India’s largest entertainment empires. The news was first reported by the Economic Times. Under the terms, Indian billionaire Mukesh Ambani’s Reliance Group would … [Read more…]