Brief: Eros Media World PLC Says Executed Deal To Sell And Transfer 'Eros now' Ott Platform
19/06/2023 19:05
June 19 (Reuters) - Eros Media World PLC E1O.F :
* EROS MEDIA WORLD PLC- ON MARCH 28 EXECUTED ASHARE PURCHASE
AGREEMENT BY AND AMONGST EROS MEDIA WORLD PLC, EROS DIGITAL
LIMITED, XFINITE GLOBAL PLC
* EROS MEDIA WORLD - ANNOUNCED CORPORATE RESTRUCTURING
UPDATES
* EROS MEDIA WORLD - EXPLORING NUMBER OF POTENTIAL
STRATEGIES
INCLUDING SELECTIVE SALE OF ASSETS IN PORTFOLIO, SO IT MAY
CONCENTRATE ON CORE BUSINESS
* EROS MEDIA WORLD PLC- SHARE PURCHASE AGREEMENT TO SELL
AND
TRANSFER 'EROS NOW' OTT PLATFORM TO XFINITE GLOBAL PLC
* EROS MEDIA WORLD PLC- INTENDS TO INVEST IN CORE BUSINESS
OF
FILM STUDIOS TO ACQUIRE, CO-PRODUCE AND DISTRIBUTE FILMS,
DIGITAL CONTENT, AND MUSIC
Source text for Eikon: ID:nRSS2068Da
Further company coverage: E1O.F
((Reuters.Briefs@thomsonreuters.com;))