PE Funds Apparently Eying 32 Percent Stake In Sony Entertainment Television

Entities Mentioned

• Blackstone
• Sony Pictures
• Warburg Pincus
• Standard Chartered Private Equity

1. Warburg Pincus, Blackstone and Standard Chartered Private Equity are among the Private Equity players looking to buy the 32 percent stake in Sony (NYSE: SNE) Entertainment Television reports ET. Sony Pictures Entertainment (SPE) holds 62 percent in SET, while Indian promoters including actor Jackie Shroff, Shemaroo Films MD Raman Maroo, MobiApps Holding’s Jayesh Parekh and World Media group director Sudesh Iyer, hold around 32 percent. The promoters are seeking a valuation of between $1-1.5 mill (Read Full Article)
   
   

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