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After Sony-Zee merger collapse, promoters now control ZEEL with just 3.99% stake

Institutional shareholders, including mutual funds, insurance companies and foreign portfolio investors, who hold 71.78 per cent stake in ZEEL, are in a position to wield the clout in the running of the company ....

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Sony zee news: Sony is planning to call off $10 billion merger with India's Zee

Sony Group is set to cancel the merger pact of its India unit with Zee Entertainment Enterprises Ltd. due to a standoff over whether Zee s Chief Executive Officer Punit Goenka, also its founder s son, would lead the merged entity. The agreement signed in 2021 was that Goenka would lead the new company, but Sony no longer wants him as CEO amid a regulatory probe. ....

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Sony-Zee $10 Billion Play May Face Changes, Delays In Antitrust Review

A full-scale antitrust review of plans to create a $10 billion media powerhouse in India by Japan's Sony and Zee Entertainment could force concessions and prolong the process by months at a critical moment for the Indian company. ....

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