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India's biggest media company is born. $10 bn Zee-Sony merger gets NCLT nod

The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterprises Ltd and Culver Max Entertainment (earlier known as Sony Pictures Networks India).

This order by the Mumbai bench, headed by H V Subba Rao and Madhu Sinha, will pave the way for the creation of a $10-billion media company, the biggest in the country.

The tribunal also dismissed all objections regarding the merger. ....

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Latest News | Zee Ent Shares Jump 18 Pc as NCLT Approves Merger with Sony

Get latest articles and stories on Latest News at LatestLY. Shares of Zee Entertainment Enterprises Ltd jumped 18 per cent on Thursday after the National Company Law Tribunal (NCLT) allowed its merger with Culver Max Entertainment.
Latest News | Zee Ent Shares Jump 18 Pc as NCLT Approves Merger with Sony. ....

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