Tag: sony zee merger

Sony Faces USD 90 Million Lawsuit From Zee After Merger Talks Fail

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Zee Entertainment and Sony Group were in talks of a USD 10 billion merger deal. New Delhi: 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. It has sought termination fees…

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ZEE-Sony merger: NCLT issues notice to Sony

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Zee Entertainment and SONY logos are displayed in this illustration taken, September 1, 2022. | Photo Credit: Reuters The National Company Law Tribunal (NCLT) on Tuesday accepted a petition by a Zee Entertainment shareholder seeking the merger of its Indian entity with Sony, which was called off last week despite regulatory approvals. The Mumbai-bench of…

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