CCI approves merger of Jio Cinema OTT with Viacom18 Media - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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CCI approves merger of Jio Cinema OTT with Viacom18 Media

In April, Reliance Industries Ltd (RIL) and Viacom18 announced a strategic partnership with Bodhi Tree Systems, where Bodhi Tree will invest Rs 13,500 crore in Viacom18 while Reliance Projects & Property Management Services, a wholly-owned subsidiary of RIL, will invest Rs 1,645 crore in the broadcaster as part of the tripartite partnership, to form one of the largest TV and digital streaming firms in India.

from Industry-Economic Times
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