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HT Media to sell stake in HT Budra for Rs 60 crore

30 Sep 2013 Evaluate

HT Media (HTML) and Burda Deuck GmBH, Germany, the joint venture partners of HT Burda Media i.e. the JV Company (HT Budra), have executed share purchase agreement and other transaction documents to conclude the transaction of sale of 51% stake of HTML in HT Budra, to Burda Deuck for an aggregate consideration of Rs 60 crore.

HT Media is engaged in print media, electronic media and also conducts several marketing events. The group’s Hindi newspaper ‘Hindustan’ ranks as the third largest-read daily in the country. The company has various online properties like HindustanTimes.com, Shine.com, LiveMint.com and DesiMartini.com.

 

HT Media Share Price

22.25 -0.15 (-0.67%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 231.40
Navneet Education 148.10
Jagran Prakashan 67.29
HT Media 22.25
Hindustan Media Vent 66.32
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