Dish TV, Videocon D2H in final stages of merger deal: Source

[Umair Malik]

Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share.

The swap ratio is expected to be 4:5, which means that for every 5 shares of Videocon, shareholders will get 4 shares in DishTV, sources say. The deal size for Videocon D2H is is expected to be around Rs 8,000 crore that is more than Videocon's current valuation of Rs 6,500 crore.

Dish TV is currently valued at Rs 10,000 crore.

Sources tell CNBC-TV18 it is likely to be a cash and share-swap deal and will be used to pay off lenders of debt-laden Videocon D2H, who have been skeptical over its ability to service the debt.

Videocon D2H is listed on Nasdaq via American Depository Receipts (ADR) and by the way of this acquisition Dish TV will also get listed on Nasdaq.

Videocon Industries, which is listed in India, have no stake in Videocon D2H. Both the companies have denied any deal talks.

[abdulbbase-1]

Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share.

The swap ratio is expected to be 4:5, which means that for every 5 shares of Videocon, shareholders will get 4 shares in DishTV, sources say. The deal size for Videocon D2H is is expected to be around Rs 8,000 crore that is more than Videocon's current valuation of Rs 6,500 crore.

Dish TV is currently valued at Rs 10,000 crore.

Sources tell CNBC-TV18 it is likely to be a cash and share-swap deal and will be used to pay off lenders of debt-laden Videocon D2H, who have been skeptical over its ability to service the debt.

Videocon D2H is listed on Nasdaq via American Depository Receipts (ADR) and by the way of this acquisition Dish TV will also get listed on Nasdaq.

Videocon Industries, which is listed in India, have no stake in Videocon D2H. Both the companies have denied any deal talks.

rumor

[Umair Malik]

rumor

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[abdulbbase-1]

rumor

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they have been saying this for a long time. but the real question is what benefit it provides to Pakistani users?
Will clines will stop working?
will they reduce the picture quality from mp4 to mp2?