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DIS Walt Disney CDR CAD Hedged

13.49
0.21 (1.58%)
17:40:03 - Realtime Data
Name Symbol Market Type
Walt Disney CDR CAD Hedged NEO:DIS NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.21 1.58% 13.49 13.48 13.50 13.49 13.21 13.21 38,544 17:40:03

Disney Hiring Antitrust Lawyers for Indian TV Deal with Reliance, Reuters Reports

04/01/2024 2:54pm

Dow Jones News


Walt Disney CDR CAD Hedged (NEO:DIS)
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--Walt Disney and billionaire Mukesh Ambani's Reliance Industries have appointed law firms and started antitrust due diligence for the planned merger of their Indian TV and streaming businesses, Reuters reports, citing unnamed sources.

--Disney executives met with Reliance leadership in London in late December and signed a non-binding term sheet for the merger, one source familiar with the deal tells Reuters.

--Representatives for Disney declined to comment to Reuters, while Reliance told Reuters it had "no comments to offer" and called the story "speculative," without further elaboration.

--The Wall Street Journal reported in July that Disney was exploring strategic options for its Star India business, including a joint venture or a sale.

 

Full article: https://www.reuters.com/markets/deals/reliance-disney-start-antitrust-diligence-india-media-merger-sources-2024-01-04/

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

January 04, 2024 09:39 ET (14:39 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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1 Year Walt Disney CDR CAD Hedged Chart

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1 Month Walt Disney CDR CAD Hedged Chart

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