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zee sony merger
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9 Results Found
  • Bombay HC to hear Zee entertainment-Invesco case on October 21 Oct 13, 2021 12:55 PM IST

    Bombay HC to hear Zee entertainment-Invesco case on October 21

    The court has asked the company's largest shareholders Invesco and OFI Global China Fund to file affidavit by October 20.

  • Invesco shoots letter to Zee shareholders, seeks better governance, says founding family benefiting at the cost of others Oct 11, 2021 04:09 PM IST

    Invesco shoots letter to Zee shareholders, seeks better governance, says founding family benefiting at the cost of others

    "The depth of talent within Zee gives us conviction that if the company were properly managed, it has the potential for tremendous growth and success," said Invesco's Justin Leverenz, Chief Investment Officer, Developing Markets Equities.

  • Sony-Zee merger: Invesco stands by EGM demand for board rejig Sep 25, 2021 10:50 PM IST

    Sony-Zee merger: Invesco stands by EGM demand for board rejig

    The demands of Invesco in the EGM are in contrast to the terms of the Zee-Sony non-binding merger announcement which leaves Punit Goenka in charge as MD & CEO.

  • Storyboard | Festive season and cricket fever aid recovery in advertising Sep 24, 2021 09:13 PM IST

    Storyboard | Festive season and cricket fever aid recovery in advertising

    Madison World Chairman Sam Balsara on his outlook for the festive quarter. Plus, his views on the week’s mega merger.

  • India merger of Sony, Zee to create TV powerhouse challenging Disney Sep 23, 2021 09:00 PM IST

    India merger of Sony, Zee to create TV powerhouse challenging Disney

    The Sony-Zee alliance, with about 75 news, entertainment, sports and movie channels in more than 10 languages, stands to become India's biggest player, with a market share of 27% outstripping that of Disney's Star India, at 24%.

  • Punit Goenka as MD & CEO integral to deal with Sony: Zee Entertainment Sep 22, 2021 08:18 PM IST

    Punit Goenka as MD & CEO integral to deal with Sony: Zee Entertainment

    Punit Goenka noted that while the deal is subject to due diligence and the necessary documentation that needs to take place, beyond that he doesn't see any risk in the transaction.

  • Essel Group to gain 2% stake in merged company as part of non-compete agreement with Sony Sep 22, 2021 06:24 PM IST

    Essel Group to gain 2% stake in merged company as part of non-compete agreement with Sony

    The group, promoter of ZEE Entertainment, to hold 4% in the merged company between Sony and Zee. Sony will transfer 2% stake to Essel Group post dilution due to merger as part of non-compete agreement between the companies, MD & CEO of Zee Entertainment Punit Goenka said.

  • Why the Zee-Sony deal is a win-win for all Sep 22, 2021 05:14 PM IST

    Why the Zee-Sony deal is a win-win for all

    With governance issues over, and with a stronger competitive position in the broadcasting space, a good movie distribution business, and a finger in the high-growth OTT pie, Zee now has a long runway ahead for growth.

  • Zee: Does Invesco’s EGM demand lose sheen with proposed Sony merger? Sep 22, 2021 05:09 PM IST

    Zee: Does Invesco’s EGM demand lose sheen with proposed Sony merger?

    Now that a white knight has come to the rescue of Zee MD & CEO Punit Goenka from investors who sought his removal from the board, the company’s shareholders may get influenced by the announcement of a proposed merger with Sony to make a media behemoth.

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