Reliance And Disney File Confidential Antitrust Papers For India Media Assets Merger, Sources Say; Assure India Antitrust Body That Merger Won't Affect Competition Or Advertisers With Combined Cricket Rights
Portfolio Pulse from Benzinga Newsdesk
Reliance and Disney have filed confidential antitrust papers for a merger of their media assets in India. They have assured the Indian antitrust body that the merger will not affect competition or advertisers, even with combined cricket rights.
May 23, 2024 | 1:30 pm
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Disney has filed confidential antitrust papers with Reliance for a merger of their media assets in India. They have assured the Indian antitrust body that the merger will not affect competition or advertisers, even with combined cricket rights.
The merger of Disney's media assets in India with Reliance's assets could potentially strengthen Disney's market position in India. The assurance to the antitrust body may ease regulatory concerns, making the merger more likely to proceed, which could positively impact Disney's stock in the short term.
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