India approves Disney-Reliance merger
This is a India news story, published by MSN, that relates primarily to Reliance Industries news.
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Reliance IndustriesReuters
•Indian regulator approves $8.5 billion Disney-Reliance media merger
80% Informative
India 's competition regulator approves $8.5 billion merger of Reliance Industries and Disney 's Indian media assets.
Competition Commission of India did not disclose the concessions made.
Disney and Reliance had offered some concessions to secure approval for their merger, Reuters reported last week .
Reliance-Disney aims to create India 's biggest entertainment player to compete with Sony , Netflix and Amazon .
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