Adani’s AMG Media Network purchases Quintillion Business Media’s 49 per cent stake

Adani’s AMG Media Network purchases Quintillion Business Media’s 49 per cent stake

Quintillion Business Media runs BQ Prime.

Mumbai: Gautam Adani's AMG Media Networks is said to have purchased a 49 per cent stake in Quintillion Business Media Pvt Ltd for Rs 48 crore. While the decision to acquire was announced in May 2022, Adani Enterprise Ltd revealed in a stock exchange filing on 27 March that it acquired the stake on that date.

Bloomberg Quint, now known as BQ Prime, is run by Quintillion Business Media.

QBM is a business and financial news organisation that runs India's leading business news digital platform. Through Bloomberg Quint, QBM's main content focuses on the Indian economy, international finance, corporate law & governance, and business news, among others. Bloomberg Television Production Services India Pvt Ltd has an ongoing content agreement with it.