Corporate Structure
UTV was listed on the Mumbai Stock Exchange and the Indian National Stock Exchange, and its motion picture division UTV Motion Pictures Plc is listed on the London Stock Exchange's Alternative Investment Market (AIM).
In August 2006, The Walt Disney Company acquired a 14.85 percent stake in UTV. This was subsequently hiked to 32.1 percent in 2008, the same level as UTV's founders Ronnie Screwvala and his associates. The remaining share was publicly traded.
Disney went on to increase their ownership in UTV to 100%, making it a wholly owned subsidiary.
Read more about this topic: UTV Software Communications
Famous quotes containing the words corporate and/or structure:
“Power, in Case’s world, meant corporate power. The zaibatsus, the multinationals ..., had ... attained a kind of immortality. You couldn’t kill a zaibatsu by assassinating a dozen key executives; there were others waiting to step up the ladder; assume the vacated position, access the vast banks of corporate memory.”
—William Gibson (b. 1948)
“Women over fifty already form one of the largest groups in the population structure of the western world. As long as they like themselves, they will not be an oppressed minority. In order to like themselves they must reject trivialization by others of who and what they are. A grown woman should not have to masquerade as a girl in order to remain in the land of the living.”
—Germaine Greer (b. 1939)