Zeel

SPN, Zee ink definitive merger agreement; next step public listing

Last updated : Dec 23, 2021 18:12

SportzPower Team

Dec 22, 2021 08:12

Read more about SPN, Zee ink definitive merger agreement; next step public listing
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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.

The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence. After closing, the new combined company will be publicly listed in India.

Nov 24, 2021 14:11

Zee-Sony merger in ‘final stages’; sports to be key focus area: Punit

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.

Oct 04, 2021 07:10

ZEEL moves court against EGM demand, terms it invalid, illegal

MUMBAI: A day after refusing to convene an extraordinary general meeting (EGM) as demanded by shareholder Invesco Developing Market Funds, Zee Entertainment Enterprises Ltd (ZEEL) on Saturday moved the Bombay High Court seeking the demand to be deemed as "illegal and invalid".

Sep 24, 2021 10:09

ZEEL-Sony merger offers $2bn revenue opp: Punit Goenka

MUMBAI: The board of directors of ZEE Entertainment Enterprises Limited present and voting in its board meeting held on 21st September, unanimously provided in-principle approval for the merger between Sony Pictures Networks India and ZEEL.

Sep 23, 2021 14:09

SPNI-Zee merger deal: Advantage Sony on IPL rights bidding

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

Zee oks in-principle merger with SPN; Sony to hold majority stake

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.

Sep 25, 2019 14:09

Zee takes Kushti Dangal national, season kicks off Nov 3

MUMBAI: Following the success of Zee Maharashtra Kushti Dangal, Zee Entertainment Enterprises Ltd. (ZEEL), under the aegis of Wrestling Federation of India (WFI), has announced the launch of Zee Kushti Dangal. In what shall be a delight for wrestling fans, the inaugural season of the dangal will kickstart on November 3.

Sep 21, 2019 14:09

Venus Williams invests in wellness brand Zeel

NEW YORK: Global wellness brand Zeel, popularly known as the 'massage on demand" company, Friday announced the addition of Venus Williams — one of the world's leading professional athletes and an accomplished entrepreneur — as a member of its board of directors, shareholder, and key advisor to its new Zeel@Sports division.

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