Reliance-Disney merger: CCI approves $8.5-billion deal in detailed order — Here’s what it entails

Reliance-Disney merger: The Competition Commission of India (CCI) on Tuesday, October 22, published the 48-page detailed order approving the mega media assets merger of Reliance Industries and Walt Disney, entailing various conditions, including the divestment of seven TV channels.

As part of seeking the regulatory watchdog’s approval, the parties have voluntarily agreed not to bundle TV ad slots for IPL, ICC, and BCCI cricketing rights until the end of existing rights. Also, the companies will sell seven TV channels, including Hungama and Super Hungama, as part of the $8.5-billion merger deal.