UTV Software says Disney to increase stake in broadcast
MUMBAI: UTV Software Communications Ltd on Friday said the Walt Disney Company South East Asia will buy 10 percent more in UTV Global Broadcasting Ltd for 329.7 mn rupees.
The shares will be bought from Unilazer Exports & Management Consultants Ltd, a promoter group company of UTV Software. UTV Software holds 75 percent of the broadcasting unit.
The Walt Disney Company South East Asia had taken a 15 percent stake in the broadcasting unit for an enterprise value of 8 bn rupees, it said.
UTV Software said the broadcasting business has met its advertising revenue target for the year to March 2009.
source :Economictimes
Tags: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis