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ZEE INVESCO NEWS
Zee-Sony merger failure a headache for Punit Goenka as a familiar threat loomsAfter the termination of merger agreement with Sony Pictures, Zee Entertainment faces a new threat thanks to its low promoter holding. A lo...- Invesco Global exits ZEEL after Rs 1,004 crore-stake sale via block dealHowever, the fund ran into a spat with the company following the latter’s deal to merge business with Sony Pictures. In late 2021, the fund...
- Oil price rise, Fed rate hike fears drive Sensex, Nifty lower"The market now lacks direction and is moving up or down on a daily basis responding to news regarding crude price, FPI flows and speculati...
- ZEE-Sony merger could face legal hurdlesWhile ZEE managing director and chief executive Punit Goenka is hopeful of completing the merger in 8-12 months, experts said it may take m...
- Subhash Chandra battles to retain his $4 bn Indian empireInvesco, unhappy with the way Zee is run, wants to remove Chandra’s son Punit Goenka as its CEO, overhaul the board and get a new owner. Ze...
- Market movers: ZEE gains on Bombay HC order; TechM sees rerating scopeKotak's September quarter profit at Rs 2,032 crore came in lower than Rs 2,185 crore estimated by analysts in an ET NOW poll. But asset qua...
- 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...
- 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 sheds 2% as Invesco drags it to NCLT over EGMAt 09:50 (IST) Zee Entertainment Enterprises Ltd’s scrip traded at Rs 302.95, down 2.24% on the National Stock Exchange.
- Exclusive: Invesco in talks to invest in Swiggy at $10 billion valuationExisting investors too to take part in re-rating exercise at double the valuation post rival Zomato's bumper IPO
- Zee-Sony deal: An Indian media mogul beat a US activist fund. Or did he?Where does the merger leave Invesco? To the extent that its activism precipitated the announcement, the investor can give itself a pat on t...
- After Zee & Dish TV, promoters set to face investor ire in Zee Learn, Zee Media nowZee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management l...
- Don’t expect a huge correction; use any small dip to add your favourites stocks: Siddhartha Khemka“We do not believe there is a huge correction in the offing. A small dip of 4-5% could be used as a good opportunity for people who are wai...
- The Odd Trade | Zee Ent Call Option soars 9,600%; traders rue lost shotIn the Call options of the stock, the rapid move caused mayhem with premium on deep out-of-money Calls going through the roof, as traders l...
- Some Zee Entertainment minority investors express support for CEO Punit GoenkaSome old time shareholders of the company said that they have full faith in the current management under Punit Goenka and welcomed the appo...
- Market Movers: Hope swells for forgotten giants, but diminishes for new oneInvesco Oppenheimer’s proposal to oust Punit Goenka and few other directors of Zee Entertainment’s board by calling an extraordinary genera...
- Subhash Chandra resigns as chairman of Zee EntertainmentThe stake sale in ZEEL was conducted in order to repay loan obligations to certain lenders of the group.
- Zee Entertainment shares rally as promoters sell stakeEssel group on Wednesday said it was planning to sell 16.5 per cent stake in ZEEL.
- 100% deal money is for Zee loan repayment: Punit Goenka"With some more stake sale, we should be comfortable to pay off the entire debt."
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