Disney Said To Be In Talks With Adani, Sun TV To Sell India Assets
Portfolio Pulse from Charles Gross
Disney is reportedly in talks with Adani and Sun TV to sell its assets in India, according to a report by Reuters citing Bloomberg News.
October 06, 2023 | 9:56 am
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NEUTRAL IMPACT
Disney is considering selling its assets in India to Adani and Sun TV. This could potentially impact Disney's global presence and revenue.
The sale of Disney's assets in India could potentially reduce its global presence and impact its revenue. However, the financial details of the potential deal are not known, making it difficult to predict the exact impact on Disney's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
The potential sale of Disney's assets in India could impact the Indian market, which could in turn affect the iShares MSCI India ETF (INDA).
The potential sale of Disney's assets in India could cause some volatility in the Indian market, which could impact the performance of the iShares MSCI India ETF. However, the extent of the impact would depend on the details of the potential deal.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50