Reliance Industries expects to complete merger with Walt Disney’s India business in Q3
By
Binu Mathew
The merger of media assets of Reliance Industries and the India business of global media house Walt Disney is expected to be completed by the end of the third quarter of this fiscal, according to a regulatory filing by Mukesh Ambani-led group.
The fair trade regulator, the Competition Commission of India (CCI), has already approved the merger of Viacom18 and Star India. The National Company Law Tribunal (NCLT) has sanctioned the merger scheme.