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Disney in talks with Adani, Sun TV on India assets
Mint Mumbai
|October 07, 2023
Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter.
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The US entertainment giant's senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit's assets including sports rights and regional streaming service Disney+ Hotstar, the people said, asking not to be identified because the discussions are private.
Asset-sale talks have already been held with Reliance Industries Ltd, controlled by Asia's richest person, Mukesh Ambani, Bloomberg reported earlier on.
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