United TV plans IPO

World Brief

United Television is planning an initial public issue on the Bombay stock exchange by the end of September. UTV expects to raise $44.5 million. Company is also planning to offer global depositary receipts in Europe and North America in the next couple of months. Singapore-based company, owned by Ronnie Screwvala, has interests in animation, TV production, broadband and broadcasting.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading