Brief: India's TV18 Broadcast Raises Stake In Viacom18 Media To 51 Pct

TV18 Broadcast

31/01/2018 11:51

Jan 31 (Reuters) - Tv18 Broadcast Ltd  TVEB.NS : 
    * ENTERED AGREEMENT WITH MTV ASIA VENTURES (INDIA) FOR 
PURCHASE OF 
SHARES OF VIACOM18 MEDIA 
    * DEAL FOR CASH CONSIDERATION OF $20 MILLION 
    * CO WILL BUY CONTROL AND HOLD 51 PCT OF EQUITY CAPITAL OF 
VIACOM 
18 
 
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