NDTV Transfers 85.68% in Imagine To Turner
New Delhi Television (NDTV) transferred NDTV Networks' 85.68 per cent shareholding in NDTV Imagine to Turner Asia Pacific Ventures on February 23 and the receipt of the relevant consideration by NDTV Networks PLC.
On 8 December, 2009 NDTV entered an agreement with Turner Asia Pacific Ventures Inc for the sale of most of its indirect stake in NDTV Imagine, which is held through its subsidiary NDTV Networks Plc.