Essel Group acquiring Amar Ujala !

New Delhi: Rumours are rife that Essel Group which also owns Zee News , has acquired Amar Ujala Publications Ltd which publishes Hindi daily Amar Ujala.

Unconfirmed media reports said Essel Group will pay Rs 1200 crore to acquire the Hindi media brand .

Sources said Bhaskar group was also keen to buy the daily .

Earlier in 2006 a bid to takeover Amar Ujala was averted by the Company Law Board (CLB).

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