Reliance Industries Ltd is set to finalize its merger with Disney’s India operations by the close of Q3 FY25, forming India’s largest media conglomerate, valued at over ₹70,000 crore ($8.5 billion), according to regulatory filings. With approvals from the Competition Commission of India (CCI) and the National Company Law Tribunal, Reliance Industries confirmed in its latest quarterly report that the ...

Private equity firm Odyssey is reportedly in advanced negotiations to acquire Honeywell’s face mask unit, a potential deal valued at around $1.5 billion. This acquisition marks a strategic move by Odyssey to capitalize on the surging demand for personal protective equipment (PPE), driven by the global pandemic. The deal would be a significant milestone in the PPE industry, as face ...

Airtel is likely to acquire Tata Play at a valuation comparable to the recent deal with Temasek, sources close to the matter revealed. Initially, Tata Play had planned for an initial public offering (IPO) and even filed for one in 2022, but the plan was shelved last August. Launched in 2006, Tata Play currently boasts 20.77 million subscribers, securing a ...

In a shift in the legal information landscape, Thomson Reuters, the multinational media conglomerate, has announced that it is selling its FindLaw business to Internet Brands. FindLaw, a prominent player in the online legal information sector, offers a wide array of resources including legal news, blogs, and comprehensive information on state and federal laws. The decision to sell FindLaw comes ...

Sep 15 (IANS) Software major Adobe on Thursday announced it would acquire design software company Figma for about $20 billion in a cash and stock deal. Founded by Dylan Field and Evan Wallace in 2012, Figma pioneered product design on the web. The combination of Adobe and Figma will usher in a new era of collaborative creativity. “Adobe’s greatness has been ...