India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to revive their $10 billion (roughly Rs. 83,098 crore) merger deal which was scrapped on January 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter. Representatives from both parties…
Japan’s Sony Group scrapped plans on Monday for a $10 billion (roughly Rs. 83,098 crore) merger of its Indian unit with Zee Entertainment, ending a deal that could have created one of the South Asian nation’s biggest TV broadcasters. The collapse of the deal in content-hungry India creates more uncertainty for…
Sony Group is planning to call off the merger pact of its India unit with Zee Entertainment Enterprises, said people familiar with the matter, capping two years of drama and delay in creating a $10 billion (roughly Rs. 83,040 crore) media giant. The Japanese conglomerate is looking to cancel the deal…
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