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Disney to sell its minority stake in India's Tata Play 24 MAY 2024

Deals

Disney to sell its minority stake in India's Tata Play

The transaction values the satellite TV provider, Tata Play, at about $1 billion, Bloomberg News reported, citing unidentified people familiar with the matter. Tata Sons, the holding company of Tata Group, had already bought a 10 percent stake held by state-owned Singaporean investment vehicle Temasek Holdings for around $100 million, local media reported.