Reliance to acquire Paramount's 13% stake in Viacom18 for ₹4,286 cr; stock gains 1%
Post the completion of this transaction, TV18 Broadcast’s equity stake in Viacom18 will increase to 70.49%.
paramount global
March 2024
April 2023
Viacom18 completes deal with Reliance, Bodhi Tree, Paramount Global
Reliance Industries has made an investment of ₹10,839 crore, whereas Bodhi Tree Systems invested ₹4,306 crore in the joint venture.
