.
MergerLinks Header Logo

New Deal


Announced

Adani to acquire a 55% stake in New Delhi Television for $130m.

Financials

Edit Data
Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For55%
EV/Sales4.5x
EV/EBITDA15.36x
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

India

television company

Acquisition

Domestic

media company

Radio and TV Broadcasters

Majority

Single Bidder

Public

Friendly

Synopsis

Edit

Adani, an Indian multinational conglomerate, offered to acquire a 55% stake in New Delhi Television, an Indian news media company, for $130m. "NDTV is the most suitable broadcast and digital platform to deliver on our vision," Sanjay Pugalia, Adani Executive.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US