Question

    What is the joint venture scenario between Walt Disney

    and Reliance Industries Ltd regarding their India - based media operations?
    A Walt Disney acquires a majority stake in RIL Correct Answer Incorrect Answer
    B RIL acquires a majority stake in Walt Disney Correct Answer Incorrect Answer
    C Equal partnership between Walt Disney and RIL Correct Answer Incorrect Answer
    D RIL acquires Walt Disney through a stock swap Correct Answer Incorrect Answer
    E Walt Disney and RIL invest equally in a new media entity Correct Answer Incorrect Answer

    Solution

    Explanation : Walt Disney and Reliance Industries Ltd signed a non - binding term sheet for a joint venture, where RIL would acquire a majority stake, creating one of India's largest media empires .

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