December 3, 2012 / 7:13 AM / in 5 years

Network18 to sell stake in Newswire18 for 900 million rupees

MUMBAI (Reuters) - Network18 Media & Investments Ltd(NEFI.NS) will sell its shareholding in news provider Newswire18, the company said in a statement to the stock exchange, in a deal worth 900 million rupees.

The stake has been sold to Samara Capital.

Reporting by Henry Foy; Editing by Prateek Chatterjee

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