•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Shearman, SAM, Luthra create largest Indian media Co with Videocon Dish TV merger

"Direct-to-home television operator Dish TV will merge with Videocon d2h, creating India’s largest media company by sales. Dish TV is the market leader in the DTH space while Videocon is the third largest by subscribers. Their combined sales in FY16 were Rs 5,920 crore, more than Zee Entertainment, which had sales of Rs 5,850 crore. Both Zee and Dish are part of Subhash Chandra’s Essel Group.

The merged entity will be named Dish TV Videocon Ltd. It will operate three brands - Dish TV, Zing and Videocon d2h. The combined subscriber base would be 27.6 million, as of end-September,” reported Business Standard last week.

Shearman & Sterling London M&A partner George Karalotias and associate Cecilia Ferriera and Shardul Amarchand Mangaldas (SAM) partners Gunjan Shah and Shweta Shroff acted for Videocon.

Luthra & Luthra senior partner Mohit Saraf and partners William Vivian John and Vaibhav Kakkar acted for Dish TV.

Click to show 4 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.