Hinduja group signed a deal to acquire Belgian media company Alfacam, which provides TV facilities and services to broadcasters and production houses, for an amount to be disclosed later.
Alfacam is known for its broadcasting vehicles for filming and broadcasting of sports and entertainment events.
The acquisition was announced on the sidelines of the WEF Annual Meet by Gopichand Hinduja and Prakash Hinduja, as also Flemish Minister- President Kris Peeters.
The deal is supported by Flemish government and details of the acquisition, including price, would be announced after completion of all terms and conditions.
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