Search results
- The deal, aimed at creating a $10 billion Indian media giant, had received the necessary regulatory approvals from the country’s stock exchanges, as well as the antitrust regulator last year. Acquiring Zee gives Sony access to millions of new viewers and a vast library of local Indian language content that goes back to the 1990s.
People also ask
When did Sony terminate the 10 billion media merger agreement with Zee?
Why did Sony terminate Zee Entertainment?
Could Sony's 'Zee NS' merger create India's biggest TV broadcaster?
Is Sony merging with Zee Entertainment Enterprises Limited (ZEEL)?
What happened to Zee-Sony merger?
What happened to Zee & Sony?
Jan 23, 2024 · Why did Sony terminate the agreement with Zee? While the expected completion of the deal was December 21, 2023, Zee had sought a deadline extension, which was to expire on January 20. This 30-day grace period was included in the merger pact signed in December 2021.
- 153
Jan 25, 2024 · After nearly two years of announcing a proposal, Sony officially terminated the $10 billion media merger agreement between its Indian unit Culver Max Entertainment Ltd and Zee...
Jan 29, 2024 · 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...
Jan 22, 2024 · BENGALURU, Jan 22 (Reuters) - Japan's Sony Group (6758.T) scrapped plans on Monday for a $10 billion merger of its Indian unit with Zee Entertainment (ZEE.NS), ending a deal that could...
Jan 22, 2024 · Sony on Monday confirmed it has served a termination notice to Zee Entertainment, signaling the end of the proposed $10 billion mega merger between its India operations and Zee.
Jan 22, 2024 · Sony's Indian arm has scrapped a planned merger with Zee Entertainment which would have formed one of India's largest entertainment groups. The $10bn merger, f irst announced two years ago, was...
Jan 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).
