By M. Sriram and Aditya Kalra
MUMBAI (Reuters) -Private equity company Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of the entertainment firm, two sources familiar with the matter told Reuters on Wednesday.
Blackstone is the latest suitor for Disney’s assets in the hyper competitive Indian market, where it has been exploring a sale or a joint venture partner for the digital and TV business.
Blackstone and Disney declined to comment.
Indian newspaper The Economic Times first reported the talks earlier on Wednesday.
(Reporting by M Sriram in Mumbai and Aditya Kalra in New Delhi; Editing by Jacqueline Wong and Christian Schmollinger)
