Zee Entertainment Enterprises Ltd has sought more time from Sony Pictures Networks India to close their $10 billion merger, even as the country’s largest listed entertainment company witnesses rising investor unrest. The reappointment of two independent directors was rejected while a third withdrew his candidature before the annual general meeting (AGM) last week.
Zee did not share any details in its intimation to the stock exchanges on Sunday, including why it had sought more time. It is also not clear if Sony will agree to this request from the Subhash Chandra-founded company.
Bu hikaye Mint Mumbai dergisinin December 18, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin December 18, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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