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.

September 26, 2012 / 09:29 IST

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.

first published: Sep 25, 2012 09:43 pm

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