Announced
Financials
Sources
Tags
Pending
Single Bidder
Acquisition
Media Agencies
news
media platform
India
Domestic
Public
Majority
Friendly
Synopsis
Adani Group, a commodity trading business, agreed to acquire a 49% stake in Quintillion Business Media, a digital journalism and media company. Financial terms were not disclosed. "The SHA and SPA record the terms of agreement with respect to the acquisition of 49% equity shares of QBML by AMG Media and the inter se rights and obligations and other matters in connection therewith," Adani.
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