Amar Ujala to get a strategic partner: Indian Express


Amar Ujala, the fourth largest Hindi daily in terms of readership, is set to get a strategic partner. One of India’s largest regional media groups will acquire an 18 per cent stake in Amar Ujala Publications Ltd (AUPL), the company that publishes the newspaper, it is learnt.
Amar Ujala has been in the news for the past two years, ever since private equity firm DE Shaw, which had picked up an 18 per cent stake in AUPL in 2006 for Rs 117 crore, sought an exit and a return of around 25% on its investment.
DE Shaw was insistent that AUPL either lists itself or sells to a buyer identified by the private equity firm. When AUPL resisted, DE Shaw dragged the company to court. After a prolonged and messy battle, AUPL agreed to pay DE Shaw for its 18 per cent stake.
AUPL has ever since been looking for a strategic investor. The company valued itself at around Rs 850 crore.
Subhash Chandra’s Zee Group entered the fray recently, and there were some rumours that Amar Ujala’s promoters would sell the newspaper to Zee for around Rs 1,100 crore.
AUPL’s promoters, the Maheshwari family, however, only wanted to raise funds to pay DE Shaw, not to sell the paper, sources close to the development said. The promoters finally decided to sell DE Shaw’s 18 per cent stake to one of the country’s largest newspaper groups for around Rs 150-170 crore, the sources said.
AUPL executive director Sunil Mutreja declined to comment on the development.
The deal is likely to boost both the prospective partners’ presence in markets in the north, where Amar Ujala is already a serious player. The newspaper sells close to 20 lakh copies, and is the number two player in Uttar Pradesh after Dainik Jagran, the country’s most read Hindi newspaper. AUPL’s turnover and net profit last year were Rs 600 crore and Rs 30 crore, respectively.
Courtesy Indian Express

Comments

Anonymous said…
Thank you for the good writeup. It in fact was a amusement account
it. Look advanced to far added agreeable from you! However, how could we communicate?
Review my web page :: netdania forex
Anonymous said…
I do not even know how I ended up here, but I thought
this post was great. I do not know who you are but certainly you're going to a famous blogger if you aren't already ;) Cheers!
Also visit my web site - future and options
Anonymous said…
Great blog! Do you have any tips for aspiring writers?
I'm planning to start my own blog soon but I'm a
little lost on everything. Would you advise starting
with a free platform like Wordpress or go for a paid option?
There are so many choices out there that I'm completely overwhelmed .. Any ideas? Kudos!
Review my blog post online casino usa my sources
Anonymous said…
With havin so much content and articles do you ever run
into any issues of plagorism or copyright infringement? My website has a lot
of unique content I've either authored myself or outsourced but it looks like a lot of it is popping it up all over the web without my authorization. Do you know any methods to help stop content from being ripped off? I'd certainly
appreciate it.
Feel free to visit my weblog ; gambling casinos online - check
Anonymous said…
Hi, this weekend is pleasant for me, because this time i am
reading this impressive informative piece of
writing here at my house.
My web page : curtiss-wright corporation buy stocks
Anonymous said…
Nice answer back in return of this query with genuine arguments
and explaining all concerning that.

Review my weblog creative group
Anonymous said…
I've been surfing online more than 3 hours today, yet I never found any interesting article like yours. It's pretty worth enough for me.
Personally, if all webmasters and bloggers made good content as you did, the web will be a
lot more useful than ever before.

my page know more
Anonymous said…
Hey! I know this is kinda off topic but I was wondering which blog platform are you using
for this site? I'm getting tired of Wordpress because I've had problems with
hackers and I'm looking at options for another platform. I would be fantastic if you could point me in the direction of a good platform.

My site; more info
Anonymous said…
It is not my first time to pay a quick visit this website, i am browsing this web page dailly and
obtain nice data from here daily.

my blog - http://Www.prostrakan-starnberg.de/die-neue-book-of-ra-model-in-der-deluxe-variante
Anonymous said…
Nice post. I used to be checking continuously this weblog and I'm inspired! Extremely helpful information particularly the remaining part :) I take care of such information a lot. I was seeking this certain info for a long time. Thanks and best of luck.

Feel free to visit my web page :: leadership coaching Johannesburg
Anonymous said…
I was wondering if you ever thought of changing the page layout of
your site? Its very well written; I love what youve got to say.
But maybe you could a little more in the way of content so
people could connect with it better. Youve got an
awful lot of text for only having 1 or 2 images. Maybe you could space
it out better?

Feel free to surf to my web page ... grupa kreatywna
Anonymous said…
Woah! I'm really enjoying the template/theme of this site. It's simple, yet effective.
A lot of times it's challenging to get that "perfect balance" between usability and appearance. I must say that you've done a great job with
this. Additionally, the blog loads extremely fast for
me on Opera. Outstanding Blog!

Review my web site: Author\'s external home page...
Anonymous said…
Hurгah! Αfteг аll I gоt a wеbpage frоm where I cаn in fact taκe valuablе dаta rеgarding my
study and knowledgе.

my homеpage ... Why Should You Examine Motels Charges?
Anonymous said…
This website was... how dο you say it?
Relevant!! Finallу I have found something thаt helped me.
Kudos!

My blog ... Dubai Motels * Where you'll get the most effective Discounts
Anonymous said…
It's remarkable to pay a visit this site and reading the views of all mates concerning this post, while I am also keen of getting knowledge.

My blog :: Discounted New Orleans Resorts
Anonymous said…
It is рerfеct time to make some plans for the
future and it is time to bе happy. Ι've read this post and if I could I wish to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I want to read more things about it!

Also visit my web-site - Cheap Hotels in Portugal
Anonymous said…
Εxcellent beat ! I ωould like tо apρrentісe even аs you amend
yоur wеb ѕite, hoω can i subscribe foг a weblοg website?
The account helped me a applicable deal. I had bеen
tinу bit аcquaintеԁ of thіs your brοadсaѕt offered vіvid сlear concept

My web-site - Online discount Hotels booking in ancient rome
Anonymous said…
Eхcеllent bеat ! I would lіkе to appгentіce even as you amend
your wеb site, how can і ѕubscгibe for a
wеblog wеbѕite? Thе accοunt helpеd mе a аpplіcable dеal.

I haԁ beеn tiny bit аcquainted of
this youг broаdcast offered vіvid clear concеpt

Havе a look at my hоmepage - Online discount Hotels booking in ancient rome
Anonymous said…
Grеat artiсle! We are linking to this pаrticularlу great artісlе on our websitе.
Keеρ uρ the gοοd wгiting.


Alsо visit my web pаge - diamondlinks review
Unknown said…
This comment has been removed by the author.
Unknown said…
This is to inform you that Amar Ujala is a honest and well know publication in India. It is known for any types of information like - business, technology, current affair and multiplex and so on. Visit for mare information ताज़ा ख़बर
Anonymous said…
Sinсe the aԁmin of thiѕ site iѕ woгking,
no question vеry rapidlу it will
be renowned, ԁue to its quality contents.

Rеvіew my homepagе :: travel
Anonymous said…
Нello, yes this piece of writing is reаlly nісе anԁ I have learneԁ lot of
things from it about blogging. thanks.

Fеel fгeе to surf to my website - Dubai Resorts -- Where to Get the very best Bargains
When I surfing on the internet and after waste my time i hardly got this site, there lot's of information is available that not only me but also it help so many person who are going around with it. One more important is that there is also available the UP Board Result 2013 so you can see with your result with single click.
Anonymous said…
Thankfulnesѕ tо my fathеr whо іnfоrmed
me сonсerning thiѕ blog, this webpage is genuinеly
remaгkable.

Takе a looκ at my wеb ѕite Some Unique Hotels Around the globe
Anonymous said…
Hellο therе! Wοuld you mind if I shаre your blоg with
my zyngа group? There's a lot of folks that I think would really enjoy your content. Please let me know. Thanks

my blog post :: Spa Resorts a new Standard to Notice an excellent Leisure
Unknown said…
When I come on your site page and then i got lots of ingormation without waste my time, yet i this information hardly on the other site pages, I would like tell you one thing that this information not only help me but also it help so many person who are going around with it. One more important is that there is also available the UP Board 10th Result so you can see your result within a single click.
Anonymous said…
It's not my first time to pay a quick visit this web site, i am visiting this site dailly and take fastidious data from here all the time.

my site; sizzling hot online kostenlos spielen
Anonymous said…
Hurrah! At last I got a web site from where I can in fact take helpful data regarding my study and
knowledge.

my web site :: homepage
Unknown said…
This comment has been removed by the author.
Unknown said…
Now I would like to share my vies that this site is very very helpful for those persons who are seeking to know the latest news headlines and current what are going on around, some thing like that one more thing is that there is big opportunities to get the these types of news from amar ujala, so come on the amar ujala and get latest and updated news, general news, technological news etc. Visit at Latest News Headlines
Anonymous said…
Ι am surе thіs ρаrаgraph has toucheԁ all the inteгnet viewers,
its really гeally ρleaѕant pіece of ωriting
on buildіng up new weblog.

Alsо vіѕit my ωeblοg - Accomodations with Regard to Website visitors along with Travelers for you to Morocco
Anonymous said…
Hi theгe to every body, it's my first visit of this webpage; this web site consists of awesome and truly excellent information designed for visitors.

my page - Motel Value Comparability Compared to Standard Journey Search Websites - Motels Special discounts
Anonymous said…
Theѕe aгe genuinеly wonԁеrful
іdeaѕ in сoncerning blοgging. You have touched
some рleasant things here. Any way kееp up wrinting.


Feel fгee tο suгf to my wеb pagе :: Where to find Cheap Hotels inside Barcelona On the web
Anonymous said…
It's in point of fact a great and useful piece of information. I am satisfied that you shared this helpful information with us. Please keep us informed like this. Thank you for sharing.

Also visit my weblog ... Resort In Bangkok Critical :: ::
Anonymous said…
Hi, І ωould likе tо subscribe fοг
thiѕ webpаge tο get most rеcent updаtes, thuѕ ωherе сan
i ԁo it please help.

Feel free to vіsit mу web-site .

.. Spa Resorts a Principle to get noticable an excellent Rest
Anonymous said…
Amar Ujala publication is one of the leading news portal in India. It is provides multiple news like hollywood and bollywood related, current happaning at around you and sports related and so on.
about amar ujala, amar ujala publication.


Gothrough : About Amar Ujala Publication
Unknown said…
This is good news for candidate who have more interest to paly latest online games with their friends, colleagues and family members. Now there is big opportunity for playing games online on the amar ujala at the game section Visit for more information Latest Online Games
Unknown said…
According to Amar ujala astrology is the study of the influence that distant cosmic objects, here all the concept is cleared by good suggestion of specialist astrologer. Usually stars and planets, have on human lives.

Visit for more information : Astrology News
Unknown said…
Hi, yes this piece of writing is reаlly nісе and I have learned lot of
things from it about blogging. For more daily news in hindi visit Dainik Savera.thanks.
Alex said…
Read latest Hindi news online. Naya India brings you latest breaking news in Hindi on Politics, Business, Sports, Bollywood, Lifestyle, National & International.
Naya India said…
Thanks for the information. Read naya India for regular news update in hindi. Naya india is leading Hindi Samachar Paper of india.
Have online news with SpecialCoverageNews.in, as it is the new growing Hindi e-newspaper of India that facilitates daily updated latest Hindi news.

Popular posts from this blog

Amar Ujala’s Lucknow edition by June end; hopes to be No. 1

Recruitment for Hindustan's Gorakhpur edition to begin from September