Viacom 18 and Star India to merge into one entity completely by October 2024
According to people familiar with the situation who spoke to ET, Reliance Industries-backed Viacom18 and Walt Disney-owned Star India seek to close the deal by October, when the Competition Commission of India (CCI) is also anticipated to make its decision.
The merger plan between Viacom18 and Star has already been sent to the National Company Law Tribunal (NCLT) for ultimate resolution. With approval from both firms’ shareholders and creditors, the merger—which was announced on February 28—is anticipated to move forward.