Edition:
India

Discovery Takes Majority Stake In Play Sports Group


Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Discovery Inc ::DISCOVERY TAKES MAJORITY STAKE IN PLAY SPORTS GROUP TO FORM GLOBAL CYCLING PLATFORM.DISCOVERY INC - ANNOUNCED PURCHASE OF A 71% CONTROLLING STAKE IN PLAY SPORTS GROUP.DISCOVERY INC - ADDITIONAL INVESTMENT INCREASES DISCOVERY'S OWNERSHIP OF PLAY SPORTS GROUP, WHICH WILL BECOME A SUBSIDIARY OF DISCOVERY..DISCOVERY INC - SIMON WEAR, AND HIS TEAM OF 140 WILL JOIN DISCOVERY.