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ZEEL Sony Merger News

10 Aug 2023

ZEEL-Sony Merger Deal Gets NCLT's Approval, All Objections Related To The Deal

Post-development, the stock of Zee Entertainment Enterprises (ZEEL) jumped 15 per cent to Rs 278.40 on the BSE.

10 Aug 2023

Breaking News: NCLT approves ZEE-Sony merger, all objections related to the deal dismissed

ZEEL-SONY Merger: There is big news for two big groups of the country. The proposed merger with Zee Entertainment and Sony Pictures Networks India Private Limited has been approved by the NCLT.

Dr Subhash Chandra

16 Mar 2022

Essel Group Chairman Dr Subhash Chandra's Interview: Reveals big plans ahead

Essel Group Chairman Dr Subhash Chandra's exclusive interview. Dr Chandra shared his vision and big plans going ahead. Dr Subhash Chandra spoke on a host of topics.

22 Dec 2021

Breaking News: ZEEL board approves merger with Sony Pictures

The merger between Zee Entertainment (ZEEL) and Sony Pictures has been approved by the board of ZEEL. The board has said that Sony will hold 50.86 percent stake in the merged entity.

22 Dec 2021

Sony and ZEEL sign definitive agreements for merger

Deal to merge ZEEL with and into SPNI. Combine their linear networks, digital assets, production operations and program libraries. New combined company will be publicly listed in India.

07 Oct 2021

Zee Group founder Subhash Chandra says key investor wants to take over company

Invesco Developing Markets Fund and OFI Global China Fund LLC, which together account for 17.88% of Zee`s shares, want the company`s chief executive officer Goenka to go and the board revamped.

06 Oct 2021

Invesco reeks of impropriety, Chinese conspiracy against ZEEL-Sony mega-merger

Dr Subhash Chandra's tough questions for Invesco. Dr Subhash Chandra comes forward to clear the air on Invesco. Dr Chandra’s facts-laden statement leaves no room for any confusion.

Subhash Chandra

05 Oct 2021

Dr. Subhash Chandra asks Invesco tough questions about ZEEL-Sony deal

Invesco itself seems to be in a quandary in the case of Zee Entertainment. Because Invesco has no answer on whose behest it is working. After all, why is Invesco trying to obstruct a good deal? A statement of ZEEL's founder Dr. Subhash Chandra has also come out on this matter, listen to what he said in this video.

05 Oct 2021

Invesco acting on whose behest? Dr Subhash Chandra asks tough questions

Dr Subhash Chandra's tough questions for Invesco. Dr Subhash Chandra comes forward to clear the air on Invesco. Dr Chandra’s facts-laden statement leaves no room for any confusion.

22 Sep 2021

Punit Goenka: After months of talks, the decision to merge ZEEL-Sony Pictures was taken

The Board of Directors of Zee Entertainment Enterprises Limited (ZEEL) has unanimously given in-principle approval for the merger between Sony Pictures Networks India (SPNI) and ZEEL. In an integral part of the proposed merger, Puneet Goenka will continue to be the Managing Director and CEO of the merged entity. Punit Goenka on this merger said that the decision to merge has not been taken immediately, but after months of talks.

22 Sep 2021

Zee Entertainment jumps 30% after merger announcement with Sony Pictures

The stock jumped 30.50 per cent to its 52-week high of Rs 333.70 on the NSE. Sony Pictures Entertainment, the parent company of Sony Pictures Networks India (SPNI), would invest growth capital so that SPNI has a cash balance of approximately USD 1.575 billion.

22 Sep 2021

ZEEL-Sony merger: Anil Singhvi, Vallabh Bhansali explain the mega deal

ZEEL stock skyrocketed, jumping more than 30% to close at 333.70 on NSE as compared to yesterday’s price. Market stalwarts have also started to share their opinion on the mega-merger. Bhansali said that two big enterprises -- Zee Entertainment and Sony Pictures -- are coming together in the mega-merger.

22 Sep 2021

ZEEL-Sony Pictures merger: Here’s why the deal is profitable for shareholders

The deal ranks very high also on the strategic value which the partner brings to the table. ZEEL’s strong expertise in content creation and its deep consumer connect established over the last 3 decades. At the required stage, the proposal will be presented to the esteemed shareholders of the Company for their approval.

22 Sep 2021

ZEEL-Sony merger: Punit Goenka to remain MD and CEO of unified entity

Currently, Goenka is the MD and CEO of Zee Entertainment Enterprises. He became the CEO of ZEEL in 2008, succeeding Pradeep Guha. The unified entity is going to be the largest television network in India.

22 Sep 2021

Explained: Deets of ZEEL-Sony mega-merger, shareholding pattern and more

Punit Goenka will continue as the MD and CEO of the new entity. Sony Pictures Networks is likely to hold a 52.93% stake in the merged entity. ZEEL's investor share is estimated to stand at about 47.07%.

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