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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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Zee Entertainment Urges Sony To Withdraw Merger Termination
Zee Entertainment said on Wednesday it has called on Sony Group to withdraw the Japanese company's termination of a $10 billion merger between its local unit and the Indian broadcaster.
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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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After Sony Notice, Zee Denies Alleged Breach Of Merger Terms
ZEE Entertainment Enterprises Ltd (ZEEL) held a board meeting today to take note of the merger termination notice sent by Japan's Sony Group Corp.
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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 Said to Be Planning to Call Off $10 Billion Merger With Zee
Sony Group is planning to call off the merger pact of its India unit with Zee Entertainment Enterprises, said people familiar with the matter, capping two years of drama and delay in creating a $10 billion media giant.
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Sony Is Planning to Call Off $10 Billion Merger With Zee Enterprises
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 in creating a $10 billion media giant.
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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 India Merger Talks Stall Over Disagreement On Leadership: Report
Talks of a merger between India's Zee Entertainment Enterprises and Japan's Sony's Indian arm have stalled after a clash on which company's top executive will run the merged entity- Report
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Tribunal Rejects SEBI's Order Against Zee's Punit Goenka
In a major relief to Zee Entertainment Enterprises' promoter Punit Goenka, the Securities Appellate Tribunal on Monday quashed Sebi's order that had barred him from holding key managerial posts in the company and other group firms.
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SEBI Modifies Order Against Zee's Subhash Chandra, Punit Goenka
Markets regulator SEBI has modified its order against Zee promoter Subhash Chandra and his son Punit Goenka, and barred them from holding the post of director or key managerial personnel in at least four Zee group companies.
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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 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.
-
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.
-
Zee Entertainment Urges Sony To Withdraw Merger Termination
Zee Entertainment said on Wednesday it has called on Sony Group to withdraw the Japanese company's termination of a $10 billion merger between its local unit and the Indian broadcaster.
-
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.
-
After Sony Notice, Zee Denies Alleged Breach Of Merger Terms
ZEE Entertainment Enterprises Ltd (ZEEL) held a board meeting today to take note of the merger termination notice sent by Japan's Sony Group Corp.
-
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 Said to Be Planning to Call Off $10 Billion Merger With Zee
Sony Group is planning to call off the merger pact of its India unit with Zee Entertainment Enterprises, said people familiar with the matter, capping two years of drama and delay in creating a $10 billion media giant.
-
Sony Is Planning to Call Off $10 Billion Merger With Zee Enterprises
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 in creating a $10 billion media giant.
-
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 India Merger Talks Stall Over Disagreement On Leadership: Report
Talks of a merger between India's Zee Entertainment Enterprises and Japan's Sony's Indian arm have stalled after a clash on which company's top executive will run the merged entity- Report
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Tribunal Rejects SEBI's Order Against Zee's Punit Goenka
In a major relief to Zee Entertainment Enterprises' promoter Punit Goenka, the Securities Appellate Tribunal on Monday quashed Sebi's order that had barred him from holding key managerial posts in the company and other group firms.
-
SEBI Modifies Order Against Zee's Subhash Chandra, Punit Goenka
Markets regulator SEBI has modified its order against Zee promoter Subhash Chandra and his son Punit Goenka, and barred them from holding the post of director or key managerial personnel in at least four Zee group companies.
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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.
