Entertainment
Reliance, Disney India’s $8.5 Billion Merger Wins Antitrust Nod
- Competition Commission of India said in a post on X platform
- Merger, announced in February, will create $8.5 billion giant
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India’s antitrust regulator approved the proposed merger of local media operations of Walt Disney Co. and billionaire Mukesh Ambani’s Reliance Industries Ltd., paving the way for the creation of an $8.5 billion behemoth in one of the world’s fastest-growing entertainment markets.