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HomeNewsBusinessCompaniesMerger with Sony gets delayed as Zee seeks more time, listing likely in Mar-Apr

Merger with Sony gets delayed as Zee seeks more time, listing likely in Mar-Apr

The cut-off date for the merger is December 22, 2023, two years from when the merger agreement between the two media companies was signed on December 21,2021. However, Zee has now requested Sony to extend the timeline in order to make the merger scheme effective, according to a Bombay Stock Exchange (BSE) filing.

December 18, 2023 / 19:27 IST
Bankers told Moneycontrol that the document was interpreted wrongly and the reports were nothing but rumours.
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