January 31, 2018 / 11:59 AM / 8 months ago

BRIEF-India's TV18 Broadcast Raises Stake In Viacom18 Media To 51 Pct

1 Min Read

Jan 31 (Reuters) - Tv18 Broadcast Ltd:

* ENTERED AGREEMENT WITH MTV ASIA VENTURES (INDIA) FOR PURCHASE OF SHARES OF VIACOM18 MEDIA

* DEAL FOR CASH CONSIDERATION OF $20 MILLION

* CO WILL BUY CONTROL AND HOLD 51 PCT OF EQUITY CAPITAL OF VIACOM 18 Source text - bit.ly/2Ft8V6f Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.

0 : 0

narrow-browser-and-phone
medium-browser-and-portrait-tablet
landscape-tablet
medium-wide-browser
wide-browser-and-larger
medium-browser-and-landscape-tablet
medium-wide-browser-and-larger
above-phone
portrait-tablet-and-above
above-portrait-tablet
landscape-tablet-and-above
landscape-tablet-and-medium-wide-browser
portrait-tablet-and-below
landscape-tablet-and-below