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ZEE INVESCO SHAREHOLDING
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...
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...
Invesco withdraws EGM requisition for ZEE’s board reconstitution, reiterates support for Zee-Sony mergerIn its requisition, the offshore investor had asked ZEE’s board to conduct an extraordinary general meeting (EGM) of the shareholders to vo...
Zee Entertainment tanks 5% after Bombay HC allows NCLT to hear Invesco appealAs per the latest order, Zee Entertainment Enterprises can approach the Supreme Court against the High Court order within three weeks. If t...
Zee-Invesco boardroom battle: Bombay HC resumes hearingIn its challenge, Invesco said that the high court did not have the right to hear the case because of Section 430 of the Companies Act, 201...
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...
Bombay HC adjourns Invesco Vs Zee matter for ThursdayContinuing his arguments on Tuesday, Janak Dwarkadas, senior counsel appearing for Invesco, said that the order of the single bench judge t...
Bombay HC adjourns Invesco’s appeal in ZEE case till November 29Invesco, the largest shareholder in Zee Entertainment Enterprises (ZEE), had approached the court on Thursday to challenge the injunction o...
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...
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 “...
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 ...
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...
Invesco breaks silence on Zee, says deeply disappointed with board, governance standard of companyWhile welcoming any potential strategic alignment, the fund – Invesco Developing Markets Equities (IDME) -- considered an ally of the Subha...
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...
Invesco is trying to takeover ZEE in a clandestine manner: Subhash ChandraOn September 11th, Invesco sent a requisition to the company, seeking an extraordinary general meeting (EGM) of the shareholders to remove ...
ZEE approaches NCLAT to seek more time to file a response in Invesco’s plea at NCLT“ZEE has filed a plea to get an extension of time to file its response at NCLT and also wants appellate tribunal’s direction to stay on the...
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...
Twists in Sony-ZEE Merger saga; Invesco stands firm over removal of Punit GoenkaThe announcement of the non-binding merger pact on Wednesday underlines Invesco’s case for change, it said in a September 23 note to the ZE...
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...
Proxy advisory firm InGovern says Invesco may call off Zee Entertainment EGMAs part of the agreement, Zee Entertainment’s current promoters will be allowed to raise their stake to 20 per cent from little over 4 per ...