Dish TV Videocon D2H in final stages of merger deal

IndianMascot

Core Member
Initially there will be no benefit for customers. Once they have cleared their account sheets then only we can expect something jointly. Till them things will be like as it is now.
 

Prateek Marwadi

EntMnt Rockers
Finest Member
Again you are using the wrong word. Merger will get them listed on Nasdaq through ADR. Acquisition won't.
i have not used this wrong word bro
this was done by money control website and i also shared the link too. i think u dint read it.

It will be a pure aquisition and merger does not make any sense to anyone.

remember in the past also rdtv wanted to sell its business to sun direct, they coud have easily merged then had merger fetched good return ?
 

IndianMascot

Core Member
Wait and see them if you not wanna agree and forcing your own things. Let's comment after merger or acquisition is completed.
 

san'D'eep

EntMnt Legend
Finest Member
OO merger deal between dish & d2h..My subscription is up to 4th october 16...Then i will wait for some MNP kind of thing and then move to tshd..
 

KARTHI HD

EntMnt Riser
Finest Member
Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share. The swap ratio is expected to be 4:5, which means that for every 5 shares of Videocon, shareholders will get 4 shares in DishTV, sources say. The deal size for Videocon D2H is is expected to be around Rs 8,000 crore that is more than Videocon's current valuation of Rs 6,500 crore. Dish TV is currently valued at Rs 10,000 crore. Sources tell CNBC-TV18 it is likely to be a cash and share-swap deal and will be used to pay off lenders of debt-laden Videocon D2H, who have been skeptical over its ability to service the debt. Videocon D2H is listed on Nasdaq via American Depository Receipts (ADR) and by the way of this acquisition Dish TV will also get listed on Nasdaq. Videocon Industries, which is listed in India, have no stake in Videocon D2H. Both the companies have denied any deal talks.

Read more at: Dish TV, Videocon D2H in final stages of merger deal: Sources - Moneycontrol.com
 
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