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Japan's Tri-Stage buys stake in TV shopping firm Hotbrands

BY  Madhav A Chanchani
HomeShop18 and TVC are two other players in the television shopping space who are backed by private equity firms.

Japan's Tri-Stage Inc. is picking up 26.4 per cent stake in television shopping firm Hotbrands India Private Limited, for Rs 40 crore ($7.1 million). The transaction would value the firm at Rs 152 crore ($27 million). Hotbrands India...

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