Bahl will own 74% stake and Bloomberg the remaining 26%; the pact is for a 10-year period
The target companies are developing infrastructure for launching a television shopping channel and operate e-commerce website baggittoday.com.
Reliance Broadcast Network, an arm of billionaire Anil Ambani’s Reliance Group, is in talks with PE firms to sell a stake in its 92.7 Big FM radio n
The deal is estimated to be worth in excess of Rs.100 crore and will include the launch of co-branded television channel BloombergQuint and an online
Facebook is estimated to have spent the maximum on print media, in the range of Rs180-200 crore
Q & A
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