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The Latest Breaking News from Zee Entertainment Enterprises Ltd

‘Disappointed’: Sony after Singapore centre allows Zee to move India tribunal

The Sony group, or Culver Max Entertainment Pvt Ltd, has reportedly expressed disappointment after the Singapore International Arbitration Centre denied its petition to restrain Zee Entertainment Enterprises Ltd from approaching NCLT to enforce the merger that was called off.

Newslaundry

‘Can’t confirm or deny’: Zee on Subhash Chandra’s stake hike remarks

Days after a media report quoted Zee Entertainment Enterprises Ltd founder Subhash Chandra on plans to hike the Zee promoter family’s stake in the firm, the company has reportedly told the Bombay Stock Exchange that the remarks do not represent any proposal considered by the board.

Newslaundry

Days before Sony called off Zee merger, Chandra wrote to Sitharaman questioning SEBI intent

Nearly a week before Sony Pictures Entertainment announced that it had called off its merger with Zee Entertainment Enterprises Ltd, ZEEL promoter Subhash Chandra reportedly wrote to Finance Minister Nirmala Sitharaman while accusing SEBI of operating with a motive to sabotage the deal.

Newslaundry

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Zee slumps 10% after Sony scraps $10 billion India merger

Zee Entertainment Enterprises Ltd tumbled as much as 10% after the cancellation of a planned $10 billion merger with Sony Group Corp in India sparked a flurry of downgrades, with most analysts predicting a sharp contraction in its valuations.

The Times of India

‘Closing conditions not satisfied’: Sony calls off Zee merger

Sony Pictures Entertainment has reportedly called off the $10 billion merger with Zee Entertainment Enterprises Ltd.

Newslaundry

Zee Entertainment gets shareholders' nod for merger with Sony

NEW DELHI: Zee Entertainment Enterprises Ltd (ZEEL) on Friday said its shareholders have approved the proposal to merge with the rival Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India (SPNI).

The Times of India

Google Looks To Tap India's Cricket Frenzy By Pitting Itself Against Amazon, Disney, Sony

Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) looks to bid for the broadcast rights of the Indian Premier League, Bloomberg reports. Google's interest in India's top cricket league intensifies the fight for a sports event that has emerged as the world's third-largest, trailing only the Premier League and the National Football League in terms…

Benzinga

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Invesco divests 7.74% stake in ZEEL for Rs 2,092 crore

NEW DELHI: Investment firm Invesco on Thursday offloaded 7.74 per cent stake in Zee Entertainment Enterprises Ltd (ZEEL) for Rs 2,092 crore through an open market transaction.

The Times of India

Invesco funds to divest up to 7.8% stake in ZEEL

NEW DELHI: Investment firm Invesco on Wednesday said three funds managed by its developing markets investment team, including Invesco Developing Markets Fund, will sell up to 7.8 per cent of the share capital of Zee Entertainment Enterprises Ltd (ZEEL) to align exposures to the firm with other funds managed by…

The Times of India

IPL media rights: Can Zee and Sony live happily ever after?

MUMBAI: If last year's merger between media giants Zee Entertainment Enterprises Ltd and Sony Pictures Network India (SPNI) was akin to a marriage, the buying of all or any cricket rights this year, will be the newlyweds' perfect honeymoon. That bit is a given.

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