Legal experts have opined that Zee Entertainment Enterprises Limited (ZEEL) was right in withdrawing its plea at the National Company Law Tribunal (NCLT) to enforce its merger with Sony.

According to the filings, Zee's merger-related costs stood at Rs 256 crore in 2023-24 and Rs 176 crore in the previous year. Sony Group Corporation earlier claimed that ZEEL did not meet merger ...

NEW DELHI, Jan. 24 (Xinhua) -- Zee Entertainment Enterprises Limited (ZEEL ... the terms of the merger cooperation agreement. The SPNI is a wholly-owned subsidiary of Sony Group Corporation ...

Zee requests Sony to extend effective date of merger ahead of December 21 cut-off ZEEL's request to push the merger date, despite clearing the regulatory hurdles, comes amid reports claiming that ...

The deal remains subject to applicable regulatory and other approvals, ZEEL said. In a separate statement, Sony Pictures Networks India said it is delighted to receive CCI approval for the merger.

CLSA said ZEEL stock is at "rock bottom" 8x PE. In January 2024, Sony had pulled out from the proposed $10.5-billion merger with ZEE Entertainment Enterprises Ltd citing failure to meet certain ...

Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Limited (ZEEL) decided to sign a merger this year. Tata once again became the proud owner of India’s first commercial ...