Wed, Dec 22, 2021
Sony Zee Merger Deal: Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) announced that they have signed definitive agreements to merge ZEEL with and into SPNI.
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Mon, Sep 27, 2021
The big question here is - What's the intention behind Invesco's move?
Wed, Sep 22, 2021
The Board of Directors of ZEEL unanimously provided an in-principal approval for the merger between SPNI and ZEEL.
Nifty Media index today was up over 11.4 per cent in the intraday trade after a deal between Zee Entertainment Enterprises Limited (ZEEL) and Sony Pictures Network India (SPNI) was announced.
ZEEL’s strong expertise in content creation and its deep consumer connect established over the last 3 decades, coupled with SPNI’s success across entertainment genres (including gaming and sports) will add immense value to the merged entity and its management team, thereby increasing shareholder value multifold.
The shares of Zee Entertainment Enterprises Limited (ZEEL) on Wednesday surged 25 per cent and touched its new 52-week high to Rs 319.5 per share on the BSE intraday trade after a merger deal between Zee Entertainment Enterprises Limited (ZEEL) and Sony Pictures Network India (SPNI) was announced today.
Punit Goenka will continue as the Managing Director (MD) and Chief Executive Officer (CEO). The Board of Directors of ZEE Entertainment Enterprises (ZEEL) unanimously provided an in-principal approval for the merger between ZEEL and Sony Pictures Network India (SPNI).
The Board of Directors of ZEE Entertainment Enterprises Limited (ZEEL), unanimously provided an in-principal approval for the merger between Sony Pictures Networks India (SPNI) & ZEEL. The Board has evaluated not only on financial parameters, but also on the strategic value which the partner brings to the table
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