Sony Halts $10 Billion Merger With Zee in India - Variety
WEBJan 22, 2024 · Sony Group Corporation has ended its more than two-year attempt to merge its TV and streaming businesses in India with local giant Zee Entertainment Enterprises Limited (ZEEL).
Exclusive: Sony scrapped $10 bln India merger as Zee failed to …
WEBJan 29, 2024 · NEW DELHI, Jan 30 (Reuters) - Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment (ZEE.NS) in part because Zee failed to meet some financial terms of the deal and come...
Zee Entertainment withdraws merger with Culver Max and BEPL
WEBSep 12, 2024 · Zee Entertainment Enterprises Ltd. (ZEEL) has announced the withdrawal of its long-discussed merger plan with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India) and Bangla Entertainment Private Limited (BEPL). NSE. The National Company Law Tribunal (NCLT), Mumbai, approved the …
India's Zee Formally Gives up on Merger Aspirations - Variety
WEBApr 17, 2024 · Zee Entertainment Enterprises Ltd., the disappointed bride in the failed engagement between Zee and Sony India, has formally ended its quest for a merger. On Tuesday, it withdrew its...
Zee Slumps 10% After Sony Scraps $10 Billion India Merger
WEBJan 23, 2024 · Zee Entertainment Enterprises Ltd. plunged by a record after the cancellation of a planned $10 billion merger with Sony Group Corp. sparked a flurry of downgrades, with analysts predicting a...
Zee-Sony Deal Nod Paves Way for $10 Billion Indian Media Giant
WEBAug 10, 2023 · India’s company law tribunal approved a merger between Sony Group Corp.’s South Asian unit and Zee Entertainment Enterprises Ltd., helping clear the way for the creation of a media behemoth.
NCLT withdraws nod given earlier for merger of Zee and Sony …
WEBSep 13, 2024 · The National Company Law Tribunal has withdrawn its approval for the merger between Zee Entertainment Enterprises and Sony Group Corporation's India media entities. The decision, made by the Mumbai bench on September 5, ends the proposed deal that could have created India's second-largest media company. Zee had sought to recall the earlier approval granted on August 10.
NCLT clears Zee-Sony deal, paves way for creation of $10-billion ...
WEBAug 10, 2023 · Clearing the decks for the creation of the country’s largest media company, the National Company Law Tribunal on Thursday approved the merger of Zee Entertainment Enterprises with Culver Max Entertainment (formerly Sony Pictures Networks India).
Sony Is Planning to Call Off $10 Billion Merger With India’s Zee
WEBJan 8, 2024 · Sony Group Corp. is planning to call off the merger pact of its India unit with Zee Entertainment Enterprises Ltd., said people familiar with the matter, capping two years of drama and delay...
Zee Seeks Date Extension to Complete Merger With Sony - Variety
WEBUPDATED: The merger between India’s Zee Entertainment Enterprises and Sony’s Indian TV businesses has taken another twist with Sony not yet agreeing to the date extension requested by Zee.