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Network 18 to sell stake HSN Cyprus

Mumbai : Network18 Media & Investments has entered into a term sheet to sell its shareholding in NW18 HSN Holdings Plc. (HSN Cyprus). Pursuant to this, HSN Cyprus would cease to be an associate of the Company.

Further, Network18 has sold 13,20,481 shares in Television Home Shopping Network (formerly known as TV18 Home Shopping Network).

Network 18 Media & Investments leading full play media conglomerates with presence in television, print, internet, filmed entertainment, and mobile content and allied businesses.

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