Reliance in talks to buy stake in Tata Play

Mukesh Ambani’s Reliance Industries (RIL) is reportedly in talks to acquire a 29.8 per cent stake in Tata Play from Walt Disney Company.

The two companies are already engaged discussions for Reliance to buy a controlling stake in Disney’s India operations.

If the Tata Play deal materialises, this will be the first time the Tata Group will work directly with the Ambanis. It would also pave the way for JioCinema content to be be available on Tata Play.

Related to this

.

Tata Group expected to acquire Disney’s stake in Tata Play?

15 March 2024

.

Reliance & Disney Star sign non-binding deal for merger in February 2024

25 December 2023

.

Reliance acquires Paramount Global’s 13% stake in Viacom18 for $517 Million

14 March 2024

.

Disney “in talks” with Reliance over future of its India business

19 September 2023

Temasek is also keen to sell its 20 per cent stake in Tata Play.