Reports have surfaced that John Malone’s Liberty Media is seeking to take control of Formula One motor racing, with Sky News reporting that it is in detailed talks with F1’s controlling shareholder, CVC Capital Partners, about a transaction. Similar reports late June 2015 suggested that another of Malone’s companies, Liberty Global, was working with Sky on a bid. A year earlier, Liberty Global and cable networks programmer Discovery Communications were rumoured to be seeking to take a 49 … [Read more...] about Liberty Media racing towards F1
Liberty Media
Bharti Airtel in talks to sell DTH arm
According to The Economic Times, Bharti Airtel is in talks with American media and communications giant Liberty Media to sell a stake in its unlisted direct-to-home (DTH) business, as compulsory digitisation and higher foreign ownership limits drive firms to seek capital and market reach. Several private equity funds were in independent discussions with the company to buy a minority stake in the DTH business, which commands an 18% market share in subscribers. … [Read more...] about Bharti Airtel in talks to sell DTH arm
