Multiple bidders in the fray to buy stake Zee Entertainment

[SarFa]

Essel Group has informed that the stake sale process of Zee Entertainment Enterprises Ltd (ZEEL) is at an advanced stage. “The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group is in steady progress and at an advanced stage,” Essel Group said in a statement.

ZEEL stake sale process is at an advanced stage: Essel Group - TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI

 

[Aksgr]

Essel Group has informed that the stake sale process of Zee Entertainment Enterprises Ltd (ZEEL) is at an advanced stage. “The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group is in steady progress and at an advanced stage,” Essel Group said in a statement.

ZEEL stake sale process is at an advanced stage: Essel Group - TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI

But who is finalized

 

[SarFa]

But who is finalized

Jio Or Airtel .. Not yet revealed by Zeel

 

[Arundass]

Jio Or Airtel .. Not yet revealed by Zeel

Jio would mean Colors TV18 network and Zee Network will become sister networks

 

[Aksgr]

What is the share percentage

 

[Raju lal]

Jio would mean Colors TV18 network and Zee Network will become sister networks

No.Literally TV 18 is a subsidiary of Reliance Industries has partnership with Viacom )and Jio is an another subsidiary.Reflections may happen mainly on Jio's digital platforms.Jio may get access to Zee contents like from TV 18.

 

[vinit]

Sony revives talks with Essel Group to buy Zee Entertainment






Sony revives talks with Essel Group to buy Zee Entertainment

 

[Mystique]

Is antitrust commission in India is dead or alive ?

 

[Raju lal]

Is antitrust commission in India is dead or alive ?

Its just a minority stake not more than 50% or complete acquisition. So I think there is no legal problem.

 

[Sarkar]

Its just a minority stake not more than 50% or complete acquisition. So I think there is no legal problem.

Yes as per FDI rules Sony or any Foreign company cannot take over 50% or more in news Network as per law. That's why Star sold their news ch to ABP Govt raises FDI cap in news channels to 49%