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Anil Ambani in talks to buy Newcastle United

Indian business tycoon Anil Ambani is in talks to take English Premier League club Newcastle United, it was reported on Sunday. British weekly newspaper News of the World said Ambani, the sixth richest man in the world, is already in negotiations with club owner Mike Ashley for a reported 260 million pounds (US $ 510 million) takeover.

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This entry was posted on Sunday, August 3rd, 2008 at 5:20 pm and is filed under Indian Stock News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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