Tata Sons seeks CCI clearance to acquire additional 10% stake in Tata Play

New Delhi: Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10% stake in DTH operator Tata Play from Singapore’s sovereign wealth fund Temasek Holdings. Currently, Tata Sons owns a 60% stake in Tata Play. After the completion of the deal, Tata Sons will have a 70% holding in the entertainment content distribution platform.