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Merrill, Lehman among four firms in race for VMIL stake - Read More

Date Added: June 14, 2008 06:44:03 AM
VMIL officials declined to comment on the development. According to sources close to the development, VMIL will sell stake to raise money for expanding Hungama, the content and mobile services arm. The Mumbai-based company has already held two to three rounds of meetings with these private equity investors. The company's valuation has been pegged at Rs 800 crore (Rs 8 billion). The funds raised ...

Category: Entertainment » Trivia


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