Sony might buy stake in Network18

Sony might buy stake in Network18

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According to insiders, Sony is in talks to acquire a stake in Network18 the Indian television network controlled by Mukesh Ambani

Sony inc is currently conducting due diligence on Ambani’s Network18 Media & Investments Ltd. before any possible offer, Sony is considering several potential deal structures, including a bid for the company or a merger of its own Indian business with Network18’s entertainment channels.

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