The Walt Disney Company (NYSE:DIS)?s India unit is being valued at less than half of what it hoped for in a proposed merger with Indian billionaire Mukesh Ambani?s media business, reflecting the struggle global media giants face in one of the world?s fastest-growing entertainment markets. After weeks of negotiations following a non-binding pact with Ambani?s Reliance Industries Ltd. to merge their entertainment business, Disney?s India assets are valued at around $4.5 billion, less than the $10 billion the US entertainment giant has previously pursued, according to people familiar with matter, who asked not to be identified as the discussions are private.
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5-day change | 1st Jan Change | ||
3,152 INR | -1.31% |
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-0.88% | +21.96% |
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5d. change
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Capi.
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3,152 INR | -1.31% | -0.88% | 255B | ||
96.81 USD | -1.69% | -0.38% | 180B | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
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+21.96% | 255B | |
-2.89% | 93.68B | |
+5.75% | 59.26B | |
+12.25% | 59.08B | |
+15.39% | 48.67B | |
+27.72% | 37.81B | |
+31.49% | 28.14B | |
-19.58% | 18.67B | |
-0.04% | 17.86B | |
+40.22% | 16.4B |
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- Disney?s India Unit Valuation Reportedly Halves in Ambani Merger Talks