Sep 26, 2012, 09.29 AM IST

CCI approves ESS stake sale

The Competition Commission of India has approved the acquisition of 50% stake in ESPN Star Sports by Star-TV ATC. With the closing of this deal, Newscorp will become 100% owner of ESS.

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India Business Hour

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The Competition Commission of India has approved the acquisition of 50% stake in ESPN Star Sports by Star-TV ATC. With the closing of this deal, Newscorp will become 100% owner of ESS, reports CNBC-TV18.


The competition watchdog has observed that the deal will not have any adverse impact on competition in the broadcast sector.


Tags: cci, espn, star tv, ess
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