Zee Sony Deal
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Sony Faces USD 90 Million Lawsuit From Zee After Merger Talks Fail
Zee Entertainment Enterprises has sought a termination fee of USD 90 million (around Rs 748.7 crore) from the Sony Group for calling off the USD 10 billion merger deal in January this year.
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SEBI Uncovers $241 Million Accounting Issue At Zee: Report
The market regulator has found a hole of more than $240 million in the accounts of Zee Entertainment Enterprises Ltd., dealing another blow to the embattled media firm less than a month after its merger with Sony Group Corp's local unit collapsed.
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Zee Entertainment Seeks to Revive $10 Billion Merger With Sony: Report
India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter.
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Zee Trying To Revive Rs 83,000 Crore Merger With Sony: Report
Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion (roughly Rs 83,098 crore) merger deal which was scrapped on Jan 22.
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Reliance, Bodhi Tree Said to Take 60 Percent Stake in Disney India Merger
Billionaire Mukesh Ambani's Reliance is close to merging its India media business with Walt Disney with a 51 percent-54 percent stake, a deal that values the US giant's Indian operations at just $3.5 billion, said three sources with direct knowledge.
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Sony, Zee Clashed Over Russia Assets, Cricket Deal Before Deal Collapse: Report
Sony and Zee disagreed over more than 20 compliance issues, including Indian firm's failure to dispose of some Russian assets and its $1.4 billion Disney cricket rights deal, before their merger was scrapped, according to internal emails.
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Sony Scraps $10 Billion India Merger As Zee Failed To Meet Financial Terms: Report
Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet some financial terms of the deal and come up with a plan to address them, according to a termination notice reviewed by Reuters.
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Sony Scraps $10 Billion Merger With Zee Entertainment, Setting Stage for Legal Row
Japan's Sony Group scrapped plans on Monday for a $10 billion (roughly Rs. 83,098 crore) merger of its Indian unit with Zee Entertainment, ending a deal that could have created one of the South Asian nation's biggest TV broadcasters.
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Sony Sends Termination Letter To Zee Over India Merger: Report
Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.
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Sony-Zee Merger Risks Collapse Over Eleventh-Hour CEO Drama: Report
The fate of the planned merger between Sony Group Corp.'s India unit and Zee Entertainment Enterprises Ltd. may be known as early as next week.
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Zee-Sony Merger Approved by NCLT, Paving Way For Creation of $10 Billion Media Company
The NCLT on Thursday allowed the merger of Zee Entertainment Enterprises and Culver Max Entertainment and will now pave the way for the creation of a $10 billion media company, the biggest in the country.
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Sony’s Serious Script for India Is Now a Farce
Sony and Zee's merger was doomed from the start. A legal drama creates a fresh problem for Sony. If the deal with Sony falls through, Zee would suffer more. Investors have already lost their enthusiasm.
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Zee-Sony Deal Under Scrutiny After Crackdown On Subhash Chandra, Son
Zee Entertainment Enterprises Ltd.'s planned merger with a subsidiary of Sony Group Corp. may face further delay, industry analysts said, after SEBI said the media house faked the recovery of loans to cover for private financing deals by its founder.
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Sony-Zee Merger Gets Approval From Competition Regulator
The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee.
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Zee Entertainment Shares Soar After Invesco Drops Plans To Shake Up Management
U.S. investment firm Invesco said on Thursday it would abandon efforts to shake up top management at Zee Entertainment, citing a planned merger between the Indian TV network and the local unit of Japan's Sony Group.
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Sony Faces USD 90 Million Lawsuit From Zee After Merger Talks Fail
Zee Entertainment Enterprises has sought a termination fee of USD 90 million (around Rs 748.7 crore) from the Sony Group for calling off the USD 10 billion merger deal in January this year.
-
SEBI Uncovers $241 Million Accounting Issue At Zee: Report
The market regulator has found a hole of more than $240 million in the accounts of Zee Entertainment Enterprises Ltd., dealing another blow to the embattled media firm less than a month after its merger with Sony Group Corp's local unit collapsed.
-
Zee Entertainment Seeks to Revive $10 Billion Merger With Sony: Report
India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter.
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Zee Trying To Revive Rs 83,000 Crore Merger With Sony: Report
Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion (roughly Rs 83,098 crore) merger deal which was scrapped on Jan 22.
-
Reliance, Bodhi Tree Said to Take 60 Percent Stake in Disney India Merger
Billionaire Mukesh Ambani's Reliance is close to merging its India media business with Walt Disney with a 51 percent-54 percent stake, a deal that values the US giant's Indian operations at just $3.5 billion, said three sources with direct knowledge.
-
Sony, Zee Clashed Over Russia Assets, Cricket Deal Before Deal Collapse: Report
Sony and Zee disagreed over more than 20 compliance issues, including Indian firm's failure to dispose of some Russian assets and its $1.4 billion Disney cricket rights deal, before their merger was scrapped, according to internal emails.
-
Sony Scraps $10 Billion India Merger As Zee Failed To Meet Financial Terms: Report
Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet some financial terms of the deal and come up with a plan to address them, according to a termination notice reviewed by Reuters.
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Sony Scraps $10 Billion Merger With Zee Entertainment, Setting Stage for Legal Row
Japan's Sony Group scrapped plans on Monday for a $10 billion (roughly Rs. 83,098 crore) merger of its Indian unit with Zee Entertainment, ending a deal that could have created one of the South Asian nation's biggest TV broadcasters.
-
Sony Sends Termination Letter To Zee Over India Merger: Report
Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as rivals bulk up.
-
Sony-Zee Merger Risks Collapse Over Eleventh-Hour CEO Drama: Report
The fate of the planned merger between Sony Group Corp.'s India unit and Zee Entertainment Enterprises Ltd. may be known as early as next week.
-
Zee-Sony Merger Approved by NCLT, Paving Way For Creation of $10 Billion Media Company
The NCLT on Thursday allowed the merger of Zee Entertainment Enterprises and Culver Max Entertainment and will now pave the way for the creation of a $10 billion media company, the biggest in the country.
-
Sony’s Serious Script for India Is Now a Farce
Sony and Zee's merger was doomed from the start. A legal drama creates a fresh problem for Sony. If the deal with Sony falls through, Zee would suffer more. Investors have already lost their enthusiasm.
-
Zee-Sony Deal Under Scrutiny After Crackdown On Subhash Chandra, Son
Zee Entertainment Enterprises Ltd.'s planned merger with a subsidiary of Sony Group Corp. may face further delay, industry analysts said, after SEBI said the media house faked the recovery of loans to cover for private financing deals by its founder.
-
Sony-Zee Merger Gets Approval From Competition Regulator
The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee.
-
Zee Entertainment Shares Soar After Invesco Drops Plans To Shake Up Management
U.S. investment firm Invesco said on Thursday it would abandon efforts to shake up top management at Zee Entertainment, citing a planned merger between the Indian TV network and the local unit of Japan's Sony Group.
