The Walt Disney Company (NYSE:DIS) and Reliance Industries Limited (NSEI:RELIANCE), led by Asia?s richest tycoon Mukesh Ambani, are expected to sign a non-binding pact as early as December 18, 2023 to merge their media operations in India in a cash-and-stock deal, according to people familiar with the matter. Ambani?s retail-to-refining conglomerate will infuse money to hold at least 51% of the merged entity if the deal goes through, the people said, asking not to be named as the information is not public.
Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
3,129 INR | -0.73% | -0.94% | +21.14% |
15/07 | Japan, S. Korea refiners join China in buying Canadian TMX oil | RE |
12/07 | India's Reliance, Bollywood fuel Ambani wedding hype through social media | RE |
Stocks mentioned in the article
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3,129 INR | -0.73% | -0.94% | 26TCr | ||
97.31 USD | -1.18% | +0.35% | 18TCr | ||
EPS Revisions
1st Jan change | Capi. | |
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+21.14% | 26TCr | |
-2.89% | 9.37TCr | |
+5.71% | 5.93TCr | |
+11.59% | 5.91TCr | |
+15.42% | 4.87TCr | |
+27.95% | 3.78TCr | |
+30.82% | 2.81TCr | |
-19.58% | 1.87TCr | |
-0.04% | 1.79TCr | |
+39.47% | 1.64TCr |
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