Proforma Financial Summary - Network 18
Synopsis of transaction
Merging of RIL's media & distribution businesses into Network 18
Listed entities TV18, Den and Hathway to be merged into Network 18
➤ Network 18 shares to be issued to shareholders of all of the above in swap-ratio
as determined by valuers
Ring-fencing of businesses by placing in wholly owned subsidiaries (WOS)
➤ Cable Distribution, Internet Service Provider (ISP) and Digital businesses and
investments to be placed under separate WOS's of Network 18 - Cable Co, ISP
Co & Digital Co
Resultant: Diversified business, with better visibility and control
Network 18 standalone = News Broadcasting business of TV18
➤ Cable Co = Combined Cable business of Den and Hathway + stake in GTPL
➤ ISP Co = Combined ISP business of Den and Hathway
➤ Digital Co = Digital News business (New18.com, FirstPost, MoneyControl)
Flagship Media & Distribution entity of Reliance group
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Network 18View entire presentation