Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says

Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says

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Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values…

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