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Zee, Sony Amicably Settle Disputes Over Failed Merger, To Withdraw Claims
ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed USD 10-billion merger and have agreed to withdraw all claims against each other.
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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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Zee Withdraws Application To Merge Operations With Sony From Law Tribunal
ZEE Entertainment Enterprises Ltd on Tuesday said it has withdrawn its application, seeking implementation of the merger with Sony, filed before the National Company Law Tribunal Mumbai bench.
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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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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 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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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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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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Zee, Sony Amicably Settle Disputes Over Failed Merger, To Withdraw Claims
ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed USD 10-billion merger and have agreed to withdraw all claims against each other.
-
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.
-
Zee Withdraws Application To Merge Operations With Sony From Law Tribunal
ZEE Entertainment Enterprises Ltd on Tuesday said it has withdrawn its application, seeking implementation of the merger with Sony, filed before the National Company Law Tribunal Mumbai bench.
-
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.
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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.
-
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 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.
-
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
-
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.
