Bizasia: ZEE confirms merger talks with Sony.
ZEE Entertainment Enterprises Limited (ZEEL) has confirmed merger talks with Sony Pictures Networks India (SPNI).
The combined entity with a topline valued at Rs. 14,000 based on FY21 results, will see Sony being the majority stakeholder with 52.93% in the merged entity. ZEE Shareholders will take the remaining 47.07% stake.
https://www.bizasialive.com/zee-conf...lks-with-sony/