Goldman Sachs Singapore has purchased 80,93,268 shares of Hathway Cable and Datacom through an open market transaction. The global fund house has bought the shares on National Stock Exchange (NSE) at Rs 65 per share on January 15, 2015.
Hathway Cable and Datacom is a leading cable television services provider in India as well as one of the leading cable broadband services providers. It offers analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 18 cities, operating in geographical regions which it believes to constitute important markets for advertisers and broadcasters.