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Maroc Maroc - GUYANACHRONICLE.COM - A la Une - 30/Aug 08:00

India approves $8.5bn Reliance-Disney entertainment mega-merger

A $8.5bn (£6.43bn) merger between Disney and Reliance Industries has been provisionally approved by India’s competition watchdog. The venture, in which billionaire Mukesh Ambani’s Reliance Industries will have a majority stake, will create India’s biggest entertainment player, which will compete with Sony, Netflix and Amazon. The joint venture will enjoy broadcasting rights for a majority […]

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