FILE PHOTO: A Tata sign is seen outside their offices in London, Britain March 30, 2016. REUTERS/Toby Melville/File Photo
(Reuters) - Tata Sons' acquisition of an additional 10% stake in Tata Play from an affiliate of Singaporean sovereign wealth fund Temasek Holdings has received regulatory clearance, the Competition Commission of India (CCI) said on Monday.
The deal to buy Baytree Investments (Mauritius) Pte's holding in the direct-to-home (DTH) and digital content distribution platform will raise Tata Sons' stake to 70%. Walt Disney owns the remaining 30% of the joint venture.
