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Zee vs Sony arbitration hearing in Singapore tomorrow: Report

Sony Zee Entertainment Disney Star Zee Entertainment ZEEL

The hearing for an emergency arbitration in the Zee-Sony merger case will take place at the Singapore International Arbitration Centre on Wednesday, according to a report by CNBC-TV18.

Announcing the withdrawal of the merger, Sony had sought USD 90 million as termination fee from Zee for breach of conditions and initiated arbitration. Zee too had initiated legal action to contest Sony’s claims.

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