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ZEE DIVESTMENT
Stocks in news: Bajaj Auto, SpiceJet, Jio Financial, HUL, Vedanta, ZEEDomestic markets saw positive trends with various companies like Bajaj Auto, SpiceJet, and Jio Financial making news. Vedanta launches QIP ...- Zee-Sony deal breakers: Unmet deadlines, bitter emails and dissent over who's bossSony Group and Zee Entertainment Enterprises called off their merger deal due to a disagreement over the managing director and chief execut...
- A Disney-Reliance India entertainment merger may be beset with antitrust headachesReliance-Disney Deal: A merger between Walt Disney's India division and Mukesh Ambani's media enterprise could form a strong entertainment ...
- Invesco exits ZEEL; sells entire stake for Rs 1,004 croreUS-based investment firm Invesco, through its arm OFI Global China Fund LLC, offloaded the shares in Zee Entertainment Enterprises Ltd (ZEE...
- Zee-Sony to sell off Big Magic, Zee Action and Zee Classic to address CCI’s merger concernsET had on August 31 first reported that while CCI had raised some queries regarding the proposed merger, noting that the combined entity wo...
- Zee-Sony merger: Groups agree to sell 3 Hindi channels to address anti-competition concernsThe two groups have agreed to divest Big Magic, which is a Hindi general entertainment channel, as well as Zee Action and Zee Classic, whic...
- Zee shares can rally up to 30-40% in next 7-12 months: Abneesh Roy, Edelweiss SecuritiesPointing out that the market share of Zee has fallen in the last two years, he said a lot of consumers have now shifted from TV to OTT. “On...
- Zee promoters raise over Rs 4,500 cr via stake saleCiti and JP Morgan were the book runners for the block deals.
- KKR-backed EuroKids in talks to buy Kidzee for Rs 1,200 croreThe deal, if it goes through, will help Essel Group further deleverage its balance sheet.
- VTB decides to sell pledged shares of Zee promotersVTB has roped in two global advisors, JP Morgan and Citi, for the planned share sale.
- ZEE’s Q2 net up 7% on higher revenuesThe September-quarter performance reaffirms the fact that ZEE remains the most valued asset in the group.
- Top mutual funds risk regulator wrath on Essel debt deadline pactShares of Zee Entertainment Enterprises Ltd. have steadied since hitting a 5-yr low Monday.
- Essel Group lenders agree to extend timelineZee’s stock declined 2.7 per cent to close at Rs 271.9 on the BSE Wednesday.
- MFs split over giving more time to EsselSome big MFs ready to give Essel promoters three more months to repay, others against it.
- Zee promoters to sell 11% to Invesco OppenheimerThe fund has been a financial investor in Zee since 2002 and currently owns a 7.7 per cent stake in the company.
- Analysts trim the price targets for Zee Entertainment after stake sale announcementCurrently, Zee Entertainment stock is currently trading at Rs 435 a piece.
- Analysts trim the price targets for Zee Entertainment after stake sale announcementCurrently, Zee Entertainment stock is currently trading at Rs 435 a piece.
- ZEE Promoters scout for global strategic investor; to sell up to 50% stakeThe move, Essel Group said, is to address the capital allocation priorities and will allow ZEE shareholders to capture the full value.
- Zee Entertainment shares drop 4% on divestment buzzThe scrip declined 4.08 per cent to hit a low of Rs 420.30 on the BSE early on Wednesday.
- Buy Zee Entertainment, target Rs 638: ICICI SecuritiesBuy Zee Entertainment Enterprises Ltd. at a price target of Rs 638.0 .
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