NDTV Founders Prannoy Roy and Radhika Roy Announce to Sell Most of Their Shares to Adani Group
New Delhi Television Ltd (NDTV) founders on Friday said that they have decided to transfer most of their shares in the company to billionaire Gautam Adani’s AMG Media Network.
New Delhi Television Ltd (NDTV) founders on Friday said that they have decided to transfer most of their shares in the company to billionaire Gautam Adani’s, AMG Media Network, giving his conglomerate significant control of the news network. Radhika and Prannoy Roy will retain a combined 5% stake in NDTV. This development is likely to give AMG Media network nearly 65 % control of the news network. Ravish Kumar Shifts To YouTube, Talks About His Journey at NDTV, State of TV Media in His First Video After Resignation
Check Tweet:
Prannoy Roy and Radhika Roy: "We have decided to divest most of our shares in NDTV to the AMG Media Network"#Adani #NDTV pic.twitter.com/T7yEg2ZHUC
— CNBC-TV18 (@CNBCTV18Live) December 23, 2022
(The above story first appeared on LatestLY on Dec 23, 2022 07:50 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
