Reliance to acquire Paramount's 13% stake in Viacom18 for ₹4,286 cr; stock gains 1%
Post the completion of this transaction, TV18 Broadcast’s equity stake in Viacom18 will increase to 70.49%.
ril disney deal
March 2024
February 2024
RIL shares rise 2% on merger of India entertainment biz with Disney
The Reliance-Viacom18-Disney deal will add ₹40 per share to RIL’s sum-of-the-parts valuation (SOTP), says Jefferies.
RIL shares fall amid report of deal with Disney
Reliance and Disney to merge their media operations in India and Mukesh Ambani-led conglomerate is likely to hold a 61% stake in the merged entity, as per a report.
