Subhash Chandra says termination of merger with Zee was Sony's criminal design: Media reports
He has announced Zee's intention to pursue legal action against the Japanese company for damages.
Source: afaqs.com
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'Sony's criminal design to start merger and withdraw': Subhash Chandra
In an interview to Economic Times, the Zee founder also said the promoter family will raise its stake in the firm.
Source: newslaundry.com
Sony scraps $10 billion merger of Indian arm as Zee fails to meet financial terms
Sony says it terminated the Zee merger plans because ‘closing conditions’ were not satisfied after two years of negotiations
Source: livemint.com
Zee founder family to eventually lift stake to 26%, according to Mint
Zee Entertainment founder's family will eventually lift their stake to 26% from 4% currently, Mint reported, days after a merger with Sony's India unit failed.
Source: cnbc.com
Grapevine: Bain Capital, Platinum Equity plan pharma bets; Mastek eyes PE funding
Bain Capital is the likely frontrunner to acquire stake in TPG Capital-backed Sai Life Sciences, a Hyderabad-based contract research, development, and manufacturing organisation, a media ......
Source: vccircle.com