Invesco to offload 52.93 million shares in Zee for up to Rs 1,396 crIn March, Invesco had withdrawn its demand seeking removal of managing director and chief executive Punit Goenka from ZEE's board and reite...
18 Oct, 2022, 06.45 AM IST
Invesco to sell 7.8% of ZEE stake for Rs 2,200 croreThe US investment giant, which owns 18% in Zee, will sell around 7.4 crore shares in the price range of ₹270-290 apiece, which is as much a...
07 Apr, 2022, 11.07 AM IST
Zee Entertainment slides 3% as Invesco to offload stakeZee’s scrip touched a low of Rs 281.10 as against Rs 290.95 at previous close on the BSE.
07 Apr, 2022, 10.28 AM IST
After announcing support to Sony-Zee merger, Invesco to offload about 8% stakeInvesco is the largest investor in Zee Entertainment and holds 18 per cent of the firm. It will be selling 7.4 crore shares worth Rs 2,200 ...
06 Apr, 2022, 06.17 PM IST
Zee zooms 17% as Invesco withdraws requisition notice, supports Sony mergerIn a statement, Invesco, the largest shareholder of ZEE with around 18% stake in the entertainment company, also reiterated its support for...
24 Mar, 2022, 06.06 PM IST
Sony, Zee close in on mega merger; Puneet Goenka travels to Los AngelesInvesco, the single-largest shareholder in ZEE with a 17.88% stake, has taken the company to the courts over management control and other i...
03 Dec, 2021, 09.53 AM IST
Exclusive: Invesco is seeking control over ZEE board and sabotage merger with Sony, alleges Punit GoenkaIn his affidavit in the NCLT, Goenka has called out Invesco for its malafide intent of removing him for not agreeing to a merger deal propo...
22 Oct, 2021, 06.46 PM IST
ZEE urges Invesco to stop publishing ‘half-truths’ about the proposed merger deal with SPNIn a rebuttal to Invesco’s open letter dated October 11 to ZEE’s shareholders, ZEE said that some of the comments in the open letter were “...
14 Oct, 2021, 11.09 AM IST
Zee shares drop amid twist in fight for controlOn Wednesday, Zee’s MD and CEO Punit Goenka, son of the company’s founder Subhash Chandra, told the network’s board that Invesco was attemp...
14 Oct, 2021, 10.38 AM IST
Invesco assisted in arranging discussion with Punit Goenka for merger: RelianceIn a statement, the Mukesh Ambani-owned conglomerate said as differences arose between Goenka and Invesco they decided not to proceed furth...
13 Oct, 2021, 09.04 PM IST
Zee fight: Invesco claims potential transaction was negotiated between Reliance and Punit GoenkaGoenka had not named Reliance Industries, but maintained that Invesco representatives had told him that the deal would be consummated with ...
13 Oct, 2021, 10.03 AM IST
Invesco wanted ZEE’s merger with a ‘large Indian group’, EGM call in retaliation, alleges Punit GoenkaWithout naming the group, Goenka informed the board Tuesday that two representatives of Invesco - Aroon Balani and Bhavtosh Vajpayee – pres...
12 Oct, 2021, 10.27 PM IST
Explained: Why is Invesco entangled in a legal dispute with Zee?Invesco's Developing Markets Fund and its OFI Global China Fund LLC own a near 18% stake in Zee. They have suggested six new independent bo...
09 Oct, 2021, 02.04 PM IST
ZEE-Sony merger in limbo as Invesco digs in with EGM demand. What's next?Independent analyst Ajay Bodke said Invesco's renewed demand for EGM suggests the largest ZEE shareholder wants a complete break from the p...
28 Sep, 2021, 03.20 PM IST
Zee’s 18% owner wants new board to review Sony mergerInvesco, the largest shareholder in Zee Entertainment Enterprises, is not against the company’s proposed merger with Sony Pictures Networks...
27 Sep, 2021, 07.37 AM IST
Rakesh Jhunjhunwala buys stake in Zee Entertainment amid board room tussleJhunjhunwala’s investment firm bought 5 million shares of the company at Rs. 220.4 per share on a day when the stock soared 40 per cent.
14 Sep, 2021, 07.11 PM IST
Invesco Oppenheimer reaffirms confidence in Zee; targets to close deal soonThe financial investor has agreed to acquire additional 11% stake in ZEE from the promoters for Rs 4,224 crore.
13 Aug, 2019, 09.23 PM IST