Reliance Industries continues its expansion strategy by acquiring Paramount Global's entire 13.01% stake in Viacom 18 Media Private Limited. The deal, valued at approximately Rs. 4,286 crore (~$517 million), has been officially disclosed through a regulatory filing. It is...
Zee Entertainment has officially declared its intention to pursue legal action against Sony Group. This strategic move comes in response to Sony's unexpected termination of their planned merger, which was set to establish India's largest broadcasting entity. Sony Group...
Reliance Industries Ltd (RIL) (NSE: RELIANCE) and Walt Disney Co. (NYSE: DIS) are on the cusp of finalizing the largest merger in the history of the Indian entertainment industry. Authoritative sources involved in the negotiations reveal that both entities...
India's two biggest media networks Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) announced their merger, wherein the former will infuse $1.575 billion (~ Rs 11,615 crore) in the merged entity for future growth opportunities.
On September...
Perseverance does pay off. The news of WeWork IPO is once again creating waves!
The development coming from WeWork’s corner is the latest example to prove precisely that. Having failed spectacularly on its first attempt at IPO, WeWork has risen...
The offer by Apple to acquire Tesla Motors in 2013 appears to be a colossal loss for Elon Musk now.
It's no secret that Apple eagerly wants to enter the electric vehicle industry. The Cupertino giant has hired some of...
India will soon witness a brand-new entrant as the No.1 player in the Telecom Space!
After Department of Telecommunications (DoT) giving its final approval to a Vodafone India and Idea Cellular merger, the newly merged unit is all set to put...
Who didn't foresee any hurdles in the clearances of Vodafone-Idea merger? Apparently, the big-shot move that could usher Vodafone (NASDAQ:VOD) and Idea (NASDAQ:IDEA) as India's largest telecom operator and remove Bharti Airtel from the top slot, may see a cooling-off period!
According to...
First thing first; if Apple Inc. (NASDAQ:AAPL) acquires Disney (NYSE:DIS), the iPhone maker would become the first technology, and second techno-media, company to clock the valuation of $1 trillion.
Big money acquisitions and mergers are a common occurrence in the...
It's raining money and mergers as the end of the year is approaching! The latest news coming in the highly volatile tech space indicate that Sandisk Corporation (NASDAQ:SNDK), one of the major players in the non-volatile memory space; is being...
