Disney to merge Indian operations with Reliance Industries to create a media & entertainment powerhouse
Acquiring Company
Bob Iger and Josh Kushner
Acquired Company
Reliance Retail Ventures
Los Angeles
MumbaiMedia And EntertainmentEnergyOil And GasE CommerceFashionRetailDescription
The Walt Disney Company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, with Reliance group owning 51% of the merged entity and Disney holding the remaining 49%. This strategic move is expected to create one of India’s biggest entertainment empires and is aimed at strengthening Disney's presence and improving its bottom line in the Indian market.
Quick answer
Bob Iger and Josh Kushner is acquiring Reliance Retail Ventures, announced March 29, 2024. Bob Iger and Josh Kushner is based in Los Angeles, California, United States.
- How much did Bob Iger and Josh Kushner pay for Reliance Retail Ventures?
- The deal value was not disclosed.
- What does Bob Iger and Josh Kushner do?
- Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership.
- Where are Bob Iger and Josh Kushner and Reliance Retail Ventures based?
- Bob Iger and Josh Kushner is based in Los Angeles, California, United States. Reliance Retail Ventures is based in Mumbai, Maharashtra, India.
Source: Fundz verified event record.
Other recent acquisitions in Media And Entertainment and Energy
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Guess?, Inc. and WHP Global complete the acquisition of rag & bone (April 3, 2024)
- Guess?, Inc. acquires iconic American fashion brand rag & bone (March 26, 2024)
- Tempur Sealy progresses with acquisition of Mattress Firm Group Inc., expecting to close in mid to late 2024 (March 12, 2024)
- Beyond, Inc. completes acquisition of Zulily, supercharging its off-priced business (March 7, 2024)
- Home Design & Furnishings Leader Havenly Acquires The Citizenry (February 21, 2024)
- Guess?, Inc. and WHP Global to Acquire rag & bone (February 16, 2024)
Who to call at Bob Iger and Josh Kushner, and when
When Bob Iger and Josh Kushner changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Bob Iger and Josh Kushner raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bob Iger and Josh Kushner, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Bob Iger and Josh Kushner. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Bob Iger and Josh Kushner makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Reliance Retail Ventures?
Reliance Retail Ventures was acquired by Bob Iger and Josh Kushner, based in Los Angeles. The deal was reported on March 29, 2024. Bob Iger is the former CEO of the Walt Disney Company known for his transformative leadership. Josh Kushner is a businessman and investor, recognized for his ventures in technology and healthcare. Bob Iger and Josh Kushner is privately held and operates in Media And Entertainment.
When did Bob Iger and Josh Kushner acquire Reliance Retail Ventures?
Bob Iger and Josh Kushner's acquisition of Reliance Retail Ventures was reported on March 29, 2024. The Walt Disney Company has signed a non-binding term sheet with Reliance Industries to merge their Indian operations, with Reliance group owning 51% of the merged entity and Disney holding the remaining 49%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Reliance Retail Ventures do?
Reliance Retail Ventures is a subsidiary of Reliance Industries Limited. It operates the retail business for Reliance and aims to expand its retail footprint. The company focuses on various formats including grocery, electronics, and online retailing. It is privately held, operating in Energy, and is based in Mumbai.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.