adhyayanag
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MUMBAI: Dish TV, the Asia’s largest direct-to-home (DTH) entertainment company and part of the Subhash Chandra-led Essel Group, is in talks to buy out the high-tech Videocon’s DTH business in a deal that could reach $1 billion (about ₹6,700 crore)in its valuation, sources said.
Reacting to the news, Videocon Industries ‘ stocks reached a high of ₹107, where it saw volumes of 75,000 shares changing hands, before closing down 0.3% at ₹104.55. Shares of Dish TV saw its stock surge to the day’ s high of ₹101.95 before falling by 1.6% to end at ₹ 98.65.
source
Dish TV in talks to acquire Videocon DTH for http://www.hindustantimes.com/business-newspaper/dish-tv-in-talks-to-acquire-videocon-dth-for-1-billion/story-emwQfdUFhe64DOjJmTudnO.html billion | business newspaper | Hindustan Times
Reacting to the news, Videocon Industries ‘ stocks reached a high of ₹107, where it saw volumes of 75,000 shares changing hands, before closing down 0.3% at ₹104.55. Shares of Dish TV saw its stock surge to the day’ s high of ₹101.95 before falling by 1.6% to end at ₹ 98.65.
source
Dish TV in talks to acquire Videocon DTH for http://www.hindustantimes.com/business-newspaper/dish-tv-in-talks-to-acquire-videocon-dth-for-1-billion/story-emwQfdUFhe64DOjJmTudnO.html billion | business newspaper | Hindustan Times
