Monday, 5 January 2015

Epic Research Update : Videocon Industries

Epic Update Videocon Industries





Videocon D2H to sell 33.5 percent stake to US’ Silver Eagle for USD 300 million: ET



The proceeds from the sale will be used for reducing debt and expanding operations in India



The transaction has been done through American Depository Receipts, bought and sold on American markets just like regular stocks, through which Videocon D2H will get listed on Nasdaq



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