Sony Corp considering deal structures to buy stake in Network18

The Tokyo-based company is in the initial stages of talks with the Mukesh Ambani company, say reports

e4m by exchange4media Staff
Updated: Nov 21, 2019 11:25 AM

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Sony Corp

Sony Corp. has entered into talks to buy a stake a Network18 Media Investments Ltd, media reports have said.

Sony is said to be mulling several deal structures like making a bid for the Mukesh Ambani company or merging its own business in India with entertainment channels run by Network18, some reports have said.

The process of conducting a due diligence is on, people in the know have told news networks.

The talks are said to be in the initial stages.

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