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CCI Greenlights $8.5 Bn Disney India-Reliance Merger Deal

CCI Greenlights $8.5 Bn Disney India-Reliance Merger Deal

Reliance Industries Ltd and The Walt Disney Company have proposed a two-year freeze on advertising rate cards to secure the approval of the Competition Commission of India for their merger of Star India and Viacom18. The Commission has stated that the merger is subject to compliance with voluntary modifications.

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