Network18 Media & Investments Limited (NSEI:NETWORK18) agreed to acquire remaining 8.11% stake in E-Eighteen.Com Limited on April 1, 2023. Transaction has already been approved by Network18 Media & Investments Limited's board of director's. PwC Business Consulting Services LLP along with BofA Securities India Limited acted as Financial advisor and Khaitan & Co. acted as legal advisor to Network18 Media & Investments Ltd. Ernst & Young Merchant Banking Services Private Limited, HSBC Securities and Capital Markets (India) Private Limited acted as financial advisor to E-Eighteen.Com Limited and HSBC Securities and Capital Markets (India) Private Limited acted as Fairness Opinion providers to E-Eighteen.Com Limited.

Ernst & young acted as Fairness opinion provider to E-Eighteen.Com Limited.