Sony Pictures Entertainment (SPE) is in discussions for potential merger and acquisition (M&A) deals in India after the collapse of its merger deal with Zee Entertainment, the company’s chairman and CEO Tony...
Board of Quint Digital approves acquisition of 30% stake in Quintype Technologies India
The Board of Quint Digital at its meeting held on 30 May 2024 has approved acquiring the entire 30% equity stake, held by 360 One Seed Ventures Fund- Series 2 (formerly IIFL Seed Ventures Fund – Series 2) in...
Amazon to buy MX Player from Times Internet
Almost a year after calling off the deal, Amazon.com, Inc has resumed talks to acquire Times Internet-owned cash-strapped video streaming platform MX Player, two people with direct knowledge of the matter told Mint. The...
Viacom18, Star India move CCI for merger approval
Reliance Industries Ltd (RIL) owned Viacom18 and Walt Disney’s Star India have filed a combination notice with the Competition Commission of India (CCI) seeking approval for their merger deal, following the National...
The curious case of Disney’s 30% stake in Tata Play
For the Walt Disney Co., a 30% stake in Indian DTH (direct-to-home) player Tata Play, which it inherited as part of its global purchase of Rupert Murdoch’s 21st Century Fox assets, has become an albatross around its...
Reliance Industries seeks CCI approval for Viacom18-Star India merger
Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India (CCI) for the USD 8.5-billion merger of Viacom18 and Star India Pvt Ltd (SIPL)...
Disney said to sell 30% stake in Tata Play to Tata Group, valuing co at $1 billion
Walt Disney Co. has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media giant to focus on the merger of its Indian...
NCLT sets the ball rolling on merger of Reliance’s arm Viacom18 and Star India
The Mumbai bench of the National Company Law Tribunal has admitted the merger scheme between Reliance Industries Ltd’s Viacom18, its wholly-owned subsidiary Digital18 and Walt Disney’s Star India, marking...
Sony and Apollo plan to break up Paramount, NYT reports
Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar...
Paramount Global exited Reliance’s Viacom18 with attractive returns: Top executive
Paramount Global’s sale of its 13.01% stake in Viacom18 to Reliance Industries (RIL) has provided the company with an opportunity to exit the Indian joint venture (JV) with an attractive return on investment, a top...
CCI approves Airtel’s buyout of Warburg Pincus affiliate’s stake in DTH arm
The Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity...
Temasek sells 10% stake in Tata Play to Tata Sons for Rs 835 crore
Tata Sons has raised its shareholding in Tata Play to 70% by acquiring Singaporean government-owned investment firm Temasek’s 10% stake in the company for about $100 million (close to Rs 835 crore), said people in...
