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Anil firm to sell radio, TV units to Zee – Calcutta Telegraph

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Calcutta Telegraph
Anil firm to sell radio, TV units to Zee
Calcutta Telegraph
Mumbai, Nov. 23: Reliance Capital, part of Anil D. Ambani Group, is divesting its radio and TV businesses to Zee, in a deal that will bring down its debt by Rs 1,900 crore. The transaction is a part of the company's strategy to reduce leverages and
ZEEL to acquire Anil Ambani's TV biz; Zee Media to pick up 49% of Big FMTelevisionPost

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