Ashok Varma
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- 20 Sep 2018
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Ambani (Jiostar) can't lost stake of Tata Play, even Tata's have not much interest for 30% stake of Disney due to losses mounted to Tata Play. Airtel also wants share swap for merger, not investing money for stakes.Yes... That what I was saying, its not part of the transaction yet. They may or may not do it. Also, Tata is in separate negotiations to Acquire the remaining stake as well.
Disney's official release states that If JV is performing well they may consider transferring additional assets.