Zee Entertainment Enterprises witnesses 10% stock plunge after merger fallout Sony Group Corp officially terminated its much-anticipated $10 billion merger with Zee Entertainment Enterprises Limited (ZEEL) on Monday, putting an end to two years of negotiations. The termination comes amid …
The Japanese conglomerate is reportedly considering backing out of the deal due to a disagreement over the leadership of the merged entity Sony Group Corp intends to cancel the merger agreement between its Indian unit and Zee Entertainment Enterprises Ltd, …
Is the Zee-Sony merger on the brink as Sony plans to scrap $10 billion deal? Read More »
Sony agrees to discuss extending their Zee merger deadline “in good faith” following Zee’s request Sony Pictures Entertainment and Zee Entertainment Enterprises Ltd, working on a $10-billion mega-merger for two years, have decided to extend their deadline beyond Thursday. Despite …
Potential delay for Sony-Zee mega-merger as deadline talks begin Read More »
Sony holds off on Zee merger, seeks extension beyond December 21st ZEE has formally asked Culver Max Entertainment Private Limited (CMEPL) and Bangla Entertainment Private Limited (BEPL), both owned by the Sony Group Corporation, to consider extending the deadline for …
Sony seeks clarity on merger decision which hinges on Zee’s upcoming proposal Read More »
The merger approved by NCLT is poised to give rise to an even bigger entity, with a staggering valuation reaching an impressive $10 billion The merger, originally scheduled for 2021, necessitated approval from various entities, including the National Stock Exchange …
NCLT approves Sony and Zee’s merger: The birth of a new media giant? Read More »
