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Goldman Sachs acquires Hathway Cable stake

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Goldman Sachs is busy buying up stakes in India’s cable industry. It has already bought into DEN Networks having paid $110 million. Now it has acquired 4.8 per cent of Hathway Cable & Datacom, paying $8.5 million (Rupees 526 million) for the holding, which represents 8.1 million shares.  Goldman Sachs already holds a 17.8 stake in DEN. The bank’s move […]

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