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Nazara Technologies Buys Another 10% Stake in Absolute Sports for Rs 72.73 Crore – Here’s Why It Matters

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…
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