Adani Group Acquires Quintillion Business

Adani Enterprises, will buy a 49% stake in news platform Quintillion Business Media Pvt Ltd for an undisclosed sum.

Adani Group- Share Purchase Agreement

It has signed a Shareholders'' Agreement with Quintillion Media Ltd (QML) and QBML and a share purchase agreement with QML.

Adani Group- SHA & SPA

The SHA and SPA record the terms of agreement with respect to the acquisition of 49 per cent equity shares of QBML by AMG.

Adani Group- QBML is leading News Company

QBML is a business and financial news company and operates a leading business news digital platform BloombergQuint.

Adani Group- Confirmed by Quint Digital Media

This was also confirmed by Quint Digital Media Ltd through a separate regulatory filing to the exchanges.

Adani Group- Signed MoU

Adani Enterprises had on March 1, 2022, signed a MoU with Quint and announced to foray into the media business.

Adani Group- Only Digital Business News

The proposed transaction with the Adani Group is only for QBM which is a digital business news platform.

Adani Group- Eying into Media Space

The port-to-energy conglomerate helmed by Gautam Adani has been eyeing entry into the media space for the past few months.

Adani Group- Swipe Up For More!!!

Swipe up for More WebStories related to Tchnology, Gadgets, Finance, & Other Trending News  around the Globe.