If Goenka is unable to hold a key managerial position, it is unlikely that Sony would withdraw from the merger, as per Karan Taurani, SVP- Research Analyst (Media, Consumer Discretionary and Internet), Elara Capital
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"We don’t think Sony would back out of the merger, in case Goenka is not able to hold a key managerial position, as Sony would then search for a new CEO," - Karan Taurani, Elara Capital.
Analysts feel a delay in the merger between Zee Enterprises and Sony is now inevitable. However, SEBIs Monday ruling against Essel Group's Subhash Chandra and Zee Entertainment's Punit Goenka could largely mean two things: either Goenka walks out, or Sony will. Read on to know how analysts think...
I heard that Zee still hasnt paid for ICC TV rights. Just hope because of this failing Disney Star will not be in a soup for overbidding on ICC TV rights
Analysts feel a delay in the merger between Zee Enterprises and Sony is now inevitable. However, SEBIs Monday ruling against Essel Group's Subhash Chandra and Zee Entertainment's Punit Goenka could largely mean two things: either Goenka walks out, or Sony will. Read on to know how analysts think...
New ceo is not the problem, sony has N P Singh, according to new verdict Punit Goenka has to step down, it doesn't matter merger happens or not. Even without merger zee need new ceo.