Paramount Global completes its stake sale in Reliance Industries, Bodhi Tree Systems-backed Viacom18 and The Walt Disney Company completes its investment which will form USD 8.5 billion joint venture

  • Deal
  • November 18, 2024

JSA advised Paramount Global in sale and exit of its entire stake of 13% in Viacom 18 Media Private Limited (“Viacom18”) to Reliance Industries Limited (“RIL”) as a part of the larger transaction of USD 8.5 billion (Rs. 70,352 crores) of RIL and The Walt Disney Company on its joint venture merging the business of Viacom18 and Star India.

Our transaction team is comprised of partners – Lalit Kumar and  Bharati Joshi, Senior Associate – Zarish Ali, Associate – Muskaan Gupta