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Blackstone in talks for stake in Disney's Indian business

Shortpedia

Content Team
Image Credit: twitter

Blackstone, a private equity firm, is said to be in early talks with Walt Disney about acquiring a stake in the entertainment giant's Indian division. As per Reuters, this move comes as Disney seeks to strengthen its position in the competitive Indian market. This will be done by exploring options for a sale or joint venture partner for its digital and TV business in the country.