Zee Entertainment logo | Photo Credit: Reuters ZEE Entertainment Enterprises Ltd on Tuesday said it has withdrawn its application, seeking implementation of the merger with Sony, filed before the National Company Law Tribunal Mumbai bench. The company filed an application with the NCLT on January 24, 2024, seeking directions on the implementation of a composite … Read more
Last Updated: February 20, 2024, 19:06 IST Zee Entertainment clarifies ‘not involved in any negotiations’ with Sony to revive merger deal The media firm’s scrip rose over 10% intraday on Tuesday Zee Entertainment Enterprises Ltd on Tuesday clarified that the talk of renewed talks with Sony to revive the scrapped merger deal is incorrect, and … Read more
Last Updated: February 20, 2024, 11:48 IST Zee-Sony Merger Talks Restart? Shares of Zee Entertainment Enterprises Ltd (ZEEL) rallied over 7 per cent to the day’s high of Rs 192 on Tuesday as the media house re-initiated talks for a merger with Sony Group after the $10 billion deal was cancelled last month. Despite the mentioned … Read more
Sony and Zee. | Photo Credit: REUTERS Zee Entertainment Enterprises Ltd on Sunday said the Singapore Arbitration Centre has denied Sony Group’s plea seeking to restrain the Indian media company from approaching the NCLT to enforce a merger that was called off by the Japanese company’s Indian arm. An Emergency Arbitrator of Singapore International Arbitration … Read more
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