Singapore Emergency Arbitrator Denies Sony Interim Relief In Zee Merger Case menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
On January 21, Sony Group sent a notice to Zee Entertainment terminating the mega-merger worth $10 billion between the two entities. Later, Sony Group sought $90 million for breach of conditions besides initiating arbitration from ZEEL.
(Bloomberg) In November, Sony Group Corp.’s lawyers got a nasty surprise during a routine call from the legal team of Zee Enterprises Entertainment Ltd.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Production Increases by FAAHow Yemen’s Houthi Attacks Are Hurting the Global Supply ChainNearly two years into tortuous merger negotiations to create a $10 billion Indian