Profit

DC mulls stake sale in Sieger Solutions

PUBLISHED ON: June 12, 2008 | Duration: 1 min, 33 sec

   
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Hyderabad-based Deccan Chronicle is looking at selling 5 to 8 per cent in its subsidy Sieger Solutions, which owns the Deccan Chargers IPL team. Sieger is valued at about $700 mn that is nearly the same market cap that Deccan Chronicle enjoys presently.
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