Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sahara India in Talks With MGM on ‘Mutual Interest’

Sahara India Pariwar is in discussions on “mutual interest” with Metro-Goldwyn-Mayer Inc., a spokesman for the Indian company said in response to reports that it had bid for the studio’s debt.

“It’s too early to comment on the issue,” Abhijit Sarkar, head of corporate communications at Sahara India Pariwar, said in an e-mailed statement today. He didn’t give details.

Sahara India made a $2 billion bid to buy the Hollywood studio’s debt, The Associated Press reported Sept. 17, without saying where it got the information. The offer was made on Sept. 16, a day after MGM got additional time until Oct. 29 to make interest payments on about $4 billion of debt, according to the report.

A spokeswoman for MGM declined to comment, the news agency said, without identifying her.

The Lucknow-based Sahara group owns real estate and media assets and sold its airline division to Jet Airways (India) Ltd. in 2007.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.