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Sony unhappy with Zee developments, merger may unravel

Sony's board of directors is said to be unhappy with developments and is looking at invoking force majeure and material adverse clause in the shareholder agreement in the proposed merger with Zee Entertainment in India. ....

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'Continuous and repetitive' investigations can impact merger, Zee tells SEBI

Zee Entertainment Enterprises has written to SEBI that "continuous and repetitive" investigations on the same cause of action creates prejudice for the Company and Shareholders, and can potentially impact the merger process.SEBI has . ....

New Delhi , Zee Entertainment Enterprises , Sony Pictures Networks India Pvt , Composite Scheme , Sony Pictures Networks India , Stock Exchanges , Borrower Entities , Yes Bank ,

Welcome To IANS Live - TopStory - 'Continuous and repetitive' investigations can impact merger, Zee tells SEBI

SEBI has given a No Objection Certificate ( NOC ) to the Composite Scheme of Merger in the matter of ZEEL and Sony Pictures Networks India Pvt. Ltd. ( Sony ), which is one of the largest integrations of industry majors in the media industry and entails an incoming foreign direct investment of USD 1.7 billion (approx.) into India.In a ....

New Delhi , Zee Entertainment Enterprises , Sony Pictures Networks India Pvt , Composite Scheme , Sony Pictures Networks India , Stock Exchanges , Borrower Entities , Yes Bank ,

'Continuous And Repetitive' Investigations Can Impact Merger, Zee Tells SEBI

New Delhi, June 18 (IANS) Zee Entertainment Enterprises has written to SEBI that continuous and repetitive investigations on the same cause of acti ....

New Delhi , Zee Entertainment Enterprises , Sony Pictures Networks India Pvt , Composite Scheme , Sony Pictures Networks India , Stock Exchanges , Borrower Entities , Yes Bank ,

ZEE-Sony Merger: Chairman Emeritus, MD of large listed company diverted public money, says SEBI

"In the instant case, we have a situation before us where the Chairman Emeritus and the Managing Director and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons," IANS quoted SEBI as saying in its reply to SAT. ....

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