merger

Zee Entertainment Enterprises Ltd has reportedly started settlement talks with its creditors to repay debts and remove the last hurdle in completing a merger with the Sony Group that would create a $10 billion media giant.

The settlement with creditors is said to be the last hurdle in completing the merger. 

IDBI Bank and Axis Bank are among the creditors seeking repayment.

Mar 30, 2023 16:03
Zee Entertainment Enterprises Ltd has entered into an agreement with IndusInd Bank Ltd to settle all disputes and claims between the two parties, paving the way for ZEE's merger with Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India.
Dec 23, 2021 11:12
MUMBAI: Eight to 12 months. That is the expected time frame for the proposed merger between Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (Zee) to be completed, assuming that all regulatory clearances go through.    
Dec 22, 2021 08:12
MUMBAI: Sony Pictures Networks India Private Limited (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries. 
Nov 24, 2021 14:11
NEW DELHI: Zee Entertainment Enterprises Limited (ZEEL) managing director and CEO Punit Goenka on Tuesday said that the company’s merger with Sony Pictures Networks India (SPN) is in the final stages.  About 53% of the merged entity would be owned by Sony and the rest by Zee’s holders, according to the non-binding agreement signed in September.
Sep 23, 2021 14:09
32%! THAT IS HOW MUCH THE SHARES OF ZEE Entertainment Enterprises Ltd (ZEEL) zoomed Wednesday after the Indian media major announced a merger with Sony Pictures Networks India (SPNI). On the Bombay Stock Exchange (BSE), the ZEEL stock jumped to its 52-week high of Rs 337.10.
Sep 22, 2021 14:09
MUMBAI: Sony Pictures Networks India (SPN) and Zee Entertainment Enterprises Ltd. (ZEEL) Wednesday announced that they have entered into an exclusive, non-binding Term Sheet to combine both companies’ linear networks, digital assets, production operations and program libraries.
Dec 04, 2020 14:12
JOHANNESBURG: Celebrity-based platform myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform, Starsona Inc. 
Oct 14, 2020 18:10
GUANGZHOU and WUHAN, China: Chinese live streaming platforms HUYA Inc. and DouYu International Holdings Limited have announced a merger agreement that entails Huya acquiring all the outstanding shares of DouYu, including ordinary shares represented by American depositary shares, through a stock-for-stock merger.
Jun 09, 2020 20:06
MUMBAI: The new club formed from the merger of Indian Super League champions ATK and I-League champions Mohun Bagan, which will take part in the ISL from next season, will be known as ATK Mohun Bagan.
Oct 03, 2019 13:10
DUBLIN, Ireland: Flutter Entertainment plc, formerly Paddy Power Betfair, and The Stars Group (TSG), parent company of PokerStars, announced Wednesday agreement on the terms of a recommended all-share combination to be implemented through an acquisition of TSG by Flutter.