No buyer for Star's stake in Balaji Telefilms: Star India

Written By Unknown on Sabtu, 23 Agustus 2014 | 08.11

Star Group which had bought 21 percent stake in Balaji in 2004 for an amount of Rs 123 crore, is desperate for an exit. In an exclusive conversation with CNBC-TV18, Star Group's legal counsel, Deepak Jacob, said that they are in search of a buyer to exit their 21 percent stake completely, but are unable to find their right price.

Star Group which had bought 21 percent stake in Balaji in 2004 for an amount of Rs 123 crore, is desperate for an exit. In an exclusive conversation with CNBC-TV18, Star Group's legal counsel, Deepak Jacob, said that they are in search of a buyer to exit their 21 percent stake completely, but are unable to find their right price.


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