Introduction: Nazara Expands Its Hold in the Sports Media Market
Nazara Technologies, a Mumbai-based gaming powerhouse, has just made a bold move in the sports media sector by acquiring an additional 10.26% stake in Absolute Sports. The deal, valued at Rs 72.73 crore, brings Nazara’s total stake in Absolute Sports to a dominant 81.94%.
This acquisition not only strengthens Nazara’s foothold in…
Worldwide gaming and media sports organization Nazara Technologies has recorded a draft distraction outline (DRHP) on January 14 with market controller Securities and Exchange Board of India (SEBI) for its first sale of stock (IPO).
The veteran financial specialist Rakesh Jhunjhunwala-sponsored organization had prior gotten endorsement from SEBI for its first sale of stock in April 2018. Be that…
