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Reliance Industries, Disney begin antitrust due diligence for India business merger

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Reliance Industries, Disney begin antitrust due diligence for India business merger

Indian conglomerate Reliance Industries and entertainment giant Disney have initiated antitrust due diligence for their planned merger in the Indian media and entertainment industry. Reliance has appointed law firms Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has enlisted the help of AZB & Partners. This move highlights progress towards the creation of an entertainment superpower in India, with Reliance expected to hold a majority stake in the combined entity. The possible merger is likely to face antitrust challenges, including shedding assets to address concerns over combined market power.

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9 months ago

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