Disney bags UTV
The Walt Disney Company acquires a 14.2 per cent stake in UTV for $15 million
1. September 2006 The Walt Disney Company acquires a 14.2 per cent stake in UTV for $15 million
2. Feb to Oct 2008 Walt Disney raises its stake in UTV to 32.1 per cent for $230 million, and then to 50.2 per cent
3. December 27, 2011 Walt Disney offers to buy out UTV promoters and shareholders for over Rs 2,000 crore
4. Jan 16 to 20, 2012 Disney finalises payment of Rs 1,100 per share in the delisting offer
5. February 1, 2012 Disney acquires controlling stake in UTV, delisting begins on February 6
Anamika Butalia
2. Feb to Oct 2008 Walt Disney raises its stake in UTV to 32.1 per cent for $230 million, and then to 50.2 per cent
3. December 27, 2011 Walt Disney offers to buy out UTV promoters and shareholders for over Rs 2,000 crore
4. Jan 16 to 20, 2012 Disney finalises payment of Rs 1,100 per share in the delisting offer
5. February 1, 2012 Disney acquires controlling stake in UTV, delisting begins on February 6
Anamika Butalia
