International
India’s Competition Commission Approves Merger of Reliance Industries’ Media Assets and Disney
Kathmandu, Aug 30: India’s competition regulator, the Competition Commission of India, has granted approval for the merger of Reliance Industries’ media assets with The Walt Disney Company. Following the merger, the combined media empire of Reliance will be valued at ₹70,000 crores. The merger deal, announced six months ago, faced scrutiny from the anti-trust regulator.
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