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UTV in talks to hive off broadcast unit stake for Rs 600 cr
Tuesday, August 28, 2007 www.dnaindia.com
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Business
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UTV Global Broadcasting, a media company is currently discussing the sale of a stake in it's broadcasting unit with strategic investors for a cnsideration of Rs 600 crore. The managing director of UTV, Ronnie Screwvala said that the channel Bindass will launch by the end of the month. He said the broadcasting business will give UTV a lot of room to grow over the next 2-3 years.
Tags :
Broadcasting
Sale
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