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Reliance Industries, Disney India merger expected to close in 3Q FY25
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Reliance Industries and Disney India is expected to be completed in 3Q FY25.
Viacom18 and Star India Private Limited obtained the approval from Competition Commission of India for the proposed transaction between the two companies and the Scheme of Arrangement for merging their business was sanctioned by the National Company Law Tribunal.
«The companies are in the process of obtaining other requisite approvals for the completion of the transaction and transaction closer is expected in 3Q FY 25,» said the company is stock exchange filing.
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