Reliance, Disney complete process to set up Rs 70,000 crore media joint venture
New Delhi, 14/11: Reliance Industries Limited and and Disney on Thursday announced the completion of transactions to form the long-pending joint venture that they had announced earlier. The transaction values the JV at Rs 70,352 crore (~US$ 8.5 billion) on a post-money basis, excluding synergies. At the closing of the transactions noted above, the JV…
