CCI Sends 100 Questions to Reliance, Disney on $8.5 Billion Merger, Sources Say
India's antitrust body, the Competition Commission of India (CCI), has sent around 100 questions to Reliance Industries and Walt Disney regarding their proposed $8.5 billion merger of Indian media assets, sources say. The questions focus on various aspects of the merger, including details on sports rights. The merger could potentially make the combined entity the largest entertainment company in India.
Sources
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The Morning Context Reliance and Disney’s merger of Indian media assets could see it become the biggest entertainment company. And it’s said to be worth a whopping $8.5 billion. Now, the CCI has asked them to answer 100 questions in the lead up to the merger. https://t.co/IdhLKmylMZ
