November 21, 2019 / 5:06 AM / 23 days ago

Japan's Sony in talks to buy stake in India's Network18 Media - Bloomberg

Nov 21 (Reuters) - Japan's Sony Corp is in talks to acquire a stake in Indian billionaire Mukesh Ambani's TV business, Network18 Media & Investments Ltd, Bloomberg reported on Thursday.

Sony is doing the due diligence and considering several potential deal options, Bloomberg reported, citing people familiar with the matter.

Ambani's Reliance Industries and Sony did not immediately respond to Reuters' requests for comment. (Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Subhranshu Sahu)

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