IN&M sells stake in Indian media group

by John Reynolds, mediaweek.co.uk 02-Jul-09, 16:00

LONDON - Independent News & Media (IN&M) has raised €22m after selling 22 million shares of its stake in Indian media giant Jagran Prakashan, as the company looks to pay down its debt.

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The Independent: owner IN&M sells stake in Indian media group

The Independent: owner IN&M sells stake in Indian media group

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