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Competition regulator okays Goldman Sachs stake purchase in Den Networks

Investment banking major Goldman Sachs has received the Competition Commission's approval to increase its stake in Den Networks to over 24 per cent by acquiring additional shares through preferential allotment route.

Cable TV Multi System Operators
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DEN seeks Goldman Sachs investment nod from shareholders

MUMBAI: Leading Indian multisystem cable TV operator (MSO) DEN Networks –promoted by Sameer Manchanda- which got its board’s nod to issue another 1.58 crore shares at a price of Rs 90 per share to existing investor Goldman Sachs is now seeking shareholder approval for the same through an...

Cable TV Multi System Operators
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Goldman Sachs to up stake in cable TV MSO DEN Networks; to invest Rs 142.43 crore

MSO DEN Networks has proved the naysayers - who have been carping that the Indian cable TV sector is as insipid as dry sawdust - wrong. The company’s existing shareholder Goldman Sachs is picking up 1.58 crore equity shares at a price of Rs 90 per share via a preferential allotment.

Cable TV Multi System Operators
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Mediaset sells stake in Endemol

MUMBAI: Italian broadcaster Mediaset, founded by former Premier Silvio Berlusconi, has sold its six per cent stake in television format creator and distributor Endemol.

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Mobile ad firm Millennial Media files for $75 mn IPO

MUMBAI: US-based mobile advertising company, Millennial Media, has filed for a $75 million initial public offering (IPO).

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