Turner buys stakes in NDTV Imagine

After selling stakes recently, NDTV has again sold its indirect stakes in NDTV Imagine. NDTV has sold the stakes to Turner Asia Pacific Ventures (TAPV) for $ 117 million.

According to the reports, NDTV has sold 76 per cent of stakes for $ 67 million and also fresh issue of equity shares for $ 50 million to Turner.

Reports say that, the transactions will be happen via NDTV Networks plc.