Disney India: Reliance’s Viacom18 likely to pick up 50% stake in Disney India
Reliance continues to be in talks with Disney India to merge the American entertainment giant’s local businesses with Viacom18, with the Ambani-led company likely pick up atleast a 50% stake in the merged entity. The latest agreement between Disney India, Viacom18 and Bodhi Tree will likely see Disney retain 40% of the merged business, with …