Nita Ambani to lead $8.5 Billion TV and streaming mega-merger between Reliance and Disney
The Mukesh Ambani-led RIL will infuse Rs 11,500 crore ($1.4 billion) in the merged entity, with the company and its affiliates collectively holding over 63% ownership stake, while Disney will retain the remaining share. Reliance Industries Limited (RIL) subsidiary Viacom …