<article>Den Networks is selling Den Sports while real estate company Prestige has bought back stake in Bangalore project.</article>

Den Networks is selling Den Sports while real estate company Prestige has bought back stake in Bangalore project.
<h3>Den Networks is selling majority stake in Den Sports</h3>
Cable TV distribution company Den Networks will sell 55 per cent stake in Den Sports, which controls Indian Super League team Delhi Dynamos, for Rs 43.32 crore.
The buyer is Wall Street Investments, represented by principal investors in GMS, a Dubai-based firm that buys ships for recycling.
Before the deal, Den held the entire equity in Den Sports, which in turn had full ownership of Den Soccer. The purchase agreement was signed March 29, the company said in a statement. Den Soccer controls and manages Delhi Dynamos, a team in the Indian Super League.
GMS principals are investors in the shipping industry. The company was founded by Anil Sharma, a non-resident Indian in the United Arab Emirates.
<h3>Prestige Estate Projects buys back stake from CapitaLand in Bangalore project</h3>
Prestige Estate Projects has bought back 49 per cent stake in Prestige Whitefield Investment and Developers Pvt Ltd from CMIDF Whitefield Mall (Singapore), a part of CapitaLand.
Prestige made the transaction through its subsidiary Prestige Alta Vista Holdings, it said in a regulatory filing.
Prestige Whiltefield, incorporated in 2008, has operations only in Bangalore. Prestige is among the top developers there, with several residential and commercial projects in the main city, and in the tech hub of Whitefield.
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India Dealbook: Den Networks sells Den Sports stake, Prestige buys back CapitaLand shares

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India Dealbook: Den Networks sells Den Sports stake, Prestige buys back CapitaLand shares

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