Apollo aims to sell 11% stake in Dish TV: sources

US private equity firm Apollo Global Management LLC is in talks to sell its 11 percent stake in India's largest direct-to-home satellite service operator Dish TV India Ltd , two sources with direct knowledge of the development told Reuters on Wednesday.

March 13, 2013 / 21:32 IST

26 Aug, 2025 12:21

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US private equity firm Apollo Global Management LLC is in talks to sell its 11 percent stake in India's largest direct-to-home satellite service operator Dish TV India Ltd , two sources with direct knowledge of the development told Reuters on Wednesday.

The stake has a market value of about USD 290 million.

Apollo, which manages about USD 113 billion globally, has hired UBS to run a process to sell its holding, the sources said.

Apollo paid about USD 100 million for its 11 percent stake in the company in 2009.

first published: Mar 13, 2013 04:02 pm

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