Please sign in or register
Existing users sign in here
Having trouble signing in?
Contact Customer Support at
[email protected]
or call+91 022 69047500
May 12, 2008
UTV closes deal with The Walt Disney Company
UTV Software Communications Ltd has today announced the successful closure of its preferential allotment to The Walt Disney Company (South East Asia) Pte Ltd.With this the Promoter Group and Disney will have equal stake of 32.10% in UTV.This was approved today, where the committee allotted 93,52,500 equity shares of Rs. 10/- each at an issue price of Rs. 860.79 per equity share aggregating to around Rs. 8050 million (USD 203 million). The Promoter Group have also subscribed to 45,32,000 warrants at the same issue price.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins
Most Read
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
Related Articles
.jpg&h=268&w=401&q=100&v=20250320&c=1)
Just Published
Advertising
23 hours ago
LePub head creative, co-president departs following ...
Felipe Cury left the agency in mid-July after LePub confirmed disciplinary action.
Marketing
23 hours ago
Google can keep Chrome — but must share data with ...
The tech giant scores a partial victory that concludes a five-year US legal saga, but remedies on its adtech business monopoly are also imminent in a separate case.
Advertising
23 hours ago
Publicis could deliver a 'knockout punch' to rivals ...
Blog post by Forrester analyst Jay Pattisall claims Publicis Groupe, Havas, and Accenture Song could all be possible suitors for Dentsu.
Advertising
23 hours ago
Dentsu CEO responds to international sale speculatio...
'We aim to rebuild our international business on our own,' Hiroshi Igarashi says, although it is considering other options.
