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Sony plans to call off $10 billion merger with Zee: Report
Credit: IndiaTimes- Published on January 8, 2024
Sony Group plans to cancel the merger pact of its India unit with Zee Entertainment Enterprises due to a standoff over whether Zee's CEO Punit Goenka would lead the merged entity. Sony no longer wants him as CEO amid a regulatory probe. Discussions are ongoing, but a resolution must be reached before the January 20 deadline....
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Sony Ends $10 Billion Merger With India Media Giant Zee 01:31
Credit: Wibbitz Top Stories - Published on January 22, 2024
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