The Seven Unmissable Cultural Events Happening This Week
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NDTV is regarded by some as one of the few independent voices in India's rapidly polarising media landscape, and the takeover attempt has triggered concerns among journalists and politicians that a change of ownership could undermine its editorial integrity.
Until Saturday, Leeds; touring until June 1 Abigail Prudames and Joseph Taylor (above) bring the Queen and Prince Albert to life in the world premiere of Cathy Marston's latest creation for Northern Ballet.
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Adani Group's indirect control of a stake above 25% means it must put forward an open offer to purchase at least 26% more from existing shareholders in NDTV to give them an opportunity to exit, according to Indian regulations.
NEW DELHI, Aug 25 (Reuters) - When India's richest man Gautam Adani this week unveiled plans for his firm to control a majority stake in New Delhi Television (NDTV), it was the stealth approach in executing the transaction that drew most attention in the news industry.
(Reporting by Munsif Vengattil in New Delhi, M. One option would be for the NDTV founders to make their own open offer at a higher price to try to increase their stake and taxi Delphi to airport price challenge Adani, said Shriram Subramanian, founder of proxy advisory firm InGovern.
More than a decade ago, NDTV founders Prannoy and Radhika Roy took 4 billion rupees ($50 million) in loans from VCPL, taxi greece and Meteora airport bus in exchange issued warrants that allowed the company to acquire a 29.18% stake in the news group.
Mr Shapps said a decision on whether to add Greece to the list would have to wait until at least July 15 when the government in Athens will decide whether to lift its restrictions on travellers from the UK.
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