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Working towards completing merger deal with Sony: ZEEL

Zee Entertainment Enterprises has reaffirmed its commitment to completing the planned merger with Culver Max Entertainment, Sony Group Corporation s media unit in India. Responding to stock exchanges, ZEEL stated that it is actively working towards the successful closure of the merger, dismissing as factually inaccurate a Bloomberg article suggesting potential obstacles to the deal. ....

Punit Goenka , Subhash Chandra , Zee Entertainment Enterprises , Sony Group Corporation , Securities Exchange Board Of India , Culver Max Entertainment , Sony Group , Composite Scheme , Mumbai Bench , Securities Exchange Board , Zee Ent Merger ,

ZEEL spends ₹176 cr on merger-related expenses

The merger agreement, which has received all the requisite regulatory approvals, is stuck due to Sony s insistence on having its own executive SPNI MD & CEO, NP Singh, as the CEO of the proposed Sony-Zee joint entity since Punit Goenka, who is currently the MD & CEO of ZEEL, is still under investigation from the Securities Exchange Board of India (Sebi). ....

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