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Ndtv

NBCU Completes Stake Buy In India’s NDTV; Option To Increase To 50 Percent

May 26, 2008 4:10 PM

NBC Universal (NYSE: GE) has completed its stake buy in India’s TV conglomerate NDTV Networks, the companies have informed the local stock exhange. NBCU has taken an indirect stake in 26 percent of NDTV Networks PLC for $150 million. More importantly - NBCU has the option, in two years, to…

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Posted In: Companies, NBC Universal, Countries, Asia, India, ndtv

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