CCI clears Sony acquisition of Ten Sports

360
NP Singh & Punit Goenka sign landmark Ten Sports deal
NP Singh & Punit Goenka sign landmark Ten Sports deal

The Competition Commission of India (CCI) has cleared Sony Pictures Networks acquisition of Ten Sports.

ZEE Entertainment Enterprise Limited had informed the Bombay Stock Exchange in August 2016 about the proposed sale of ZEE’s sports broadcasting to business. The deal is reportedly worth $385 million.

The competition body approved the deal after it found no adverse impact on competition amongst existing channels.

Latest From Related Articles

Leave Comment

Please enter your name here
Please enter your comment!