Hindustan Times and Singapore Press Holdings could both exit the business media platform in a purchase by Financial Times expected to close this month.
Media company Financial Times is set to acquire Singapore-based online business news platform DealStreetAsia in a deal that would enable another media company, Hindustan Times, to exit, TechCrunch has reported.
Founded in 2014, DealStreetAsia provides a range of business and finance news covering areas such as venture capital, private equity, public markets and real estate investment.
Nikkei, which owns FT, would acquire a 33% stake in the company as part of the prospective deal, a source told TechCrunch, though it…
