Reliance Industries and the Walt Disney Company have signed a binding agreement to merge Viacom18 and Star India, with the deal expected to be announced early this week, people privy to the development told ET. The...
Warner Bros Discovery halts merger talks with Paramount Global, CNBC reports
Warner Bros Discovery is no longer pursuing a merger with Paramount Global, halting talks after several months of kicking the tires on merging the media companies, CNBC reported on Tuesday, citing sources familiar with...
Disney and Reliance said to have signed binding merger pact
Walt Disney Co. and Reliance Industries Ltd. have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid...
NCLT allows Tata Steel to withdraw merger with TRF
The NCLT has approved Tata Steel’s proposal to withdraw merger with TRF Ltd, according to an exchange filing. On February 7, Tata Steel said that its board has decided not to pursue the amalgamation of TRF Ltd, as...
Air India-Vistara merger in progress; awaiting regulatory approvals: Singapore Airlines
Singapore Airlines said the proposed merger of Air India and Vistara is in progress, and is awaiting foreign direct investment and other regulatory approvals. Vistara is a joint venture between Singapore Airlines and...
Zee, Sony huddle in dramatic twist to salvage merger
No twist is too dramatic for serialised shows that are staple of nighttime television in India’s vast market for general entertainment. It’s no different, it appears, in the two-year-long saga that has...
Utkarsh Small Finance Bank proposes reverse merger with holding entity
Utkarsh Small Finance Bank, on Wednesday, informed the exchanges that post passing a resolution for a reverse merger between the holding company Utkarsh Core Invest (UCL) and the bank, the UCL board has suggested...
Colorado sues to stop $25 billion Kroger-Albertsons merger
Colorado’s attorney general filed a lawsuit on Wednesday seeking to block Kroger’s proposed $25 billion acquisition of rival supermarket chain Albertsons, saying consumers would be hurt, as the U.S. Federal Trade...
Ride-hailing firm GoTo denies discussions of merger with Grab
Indonesia’s GoTo, one of Southeast Asia’s biggest ride-hailing companies, said on Tuesday that it was not in any discussion with Grab Holdings about a potential merger. Media reports previously said both...
Vedanta’s demerger process to be completed in next 9-12 months: Official
Vedanta is working “actively” for demerger of its key businesses, including aluminium, into separate listed companies and the process is likely to be completed in next nine to 12 months, a top official of...
Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws near
With a week to go before the exclusivity period deadline for bilateral negotiations comes to an end on February 17, Walt Disney Co and Reliance Industries (RIL) are in the last leg of negotiations to finalise their mega...
Grab, GoTo revive talks for ride-hailing merger: report
Grab Holdings and GoTo, Southeast Asia’s biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported on Friday. The companies are in preliminary discussions over a variety of...