The genesis of the Reliance Disney negotiations was in the fall of 2023 but it gathered momentum after Walbrooke visited the Reliance Mumbai office in October followed by Mayer and Modi catching up just before Christmas at the Ambani residence in Stoke Park, London, to shake hands and sign a non binding term sheet with a February 17th deadline.
Private equity firm Blackstone is reportedly in talks with Walt Disney to discuss the potential acquisition of Disney s streaming and television business in India. The discussions may involve the purchase of specific assets, such as sports properties and media rights, as well as the Disney+ Hotstar streaming service. Former Disney executives Kevin Mayer and Tom Staggs, who now work as advisers to CEO Bob Iger, are believed to have played a key role in initiating the discussions. The talks are still at an early stage and there is no guarantee of a deal.
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