| MUMBAI:
Zee Entertainment Enterprises Ltd (Zeel) is acquiring additional 45 per cent stake
in its subsidiary Taj TV Limited Mauritius and additional 50 per cent stake in
its subsidiary Taj Television (India) from Bukhatir Group for $44.145 million.
In
late 2006, Zeel had acquired 50 per cent stake in Dubai- based Taj Television
(owners of Ten Sports) for $57.15 million. Zeel
has approved the proposal to up its stake in Taj Television in an all-cash deal.
Taj
TV Ltd Mauritius is currently a 50 per cent subsidiary of Zeel and operates Ten
Sports, the sports television channel that holds the rights to air over 100 days
of international cricket every year through cricket properties such as rights
to the Pakistan Cricket Board, Sri Lanka Cricket Board, West Indies Cricket Board,
South Africa Cricket Board and Zimbabwe Cricket Board. The channel also holds
rights to the UEFA Champions League Soccer, WWE wrestling, US Open Tennis and
Hockey World Cup. | 
