Breaking ZEEL and Sony merger approved by ZEEL board; definitive agreements signed

[rohan74]

This is why govt is going to put restrictions on foreign investment in perticular company. Like as many foreign companies can invest but in certain limitations.

Govt should bring some strict rules that no foreign companies can acquire our indian companies but can take stake upto 40% - 48% and the company should be fully owned and operated by indians. If a company wants to sell/merge their company to others first they should give preference to local indian companies to acquire/merge. In recent years our Companies like Flipkart got acquired by Walmart and some other companies and their are some news that Coin Switch kuber is also going to be acquired by US based Company. Correct me if I'm wrong

 

[Aditya7707]

"We're calling on Zee shareholders to join us in asking why the founding family, which holds under 4% of the company’s shares, should benefit at the expense of the investors who hold the remaining 96%." -Invesco in an open letter.

Invesco To Stay 'Firm And Steadfast' In Fight Against Zee Board: Open Letter

 

[Aksgr]

Who might it be !?
Although we don't know what's the real truth. I think someone wants big piece of zee. And Zee is going saying they are not selling it to foreign company , and advertising it as make in India thing. This will further put the Sony zee merge at risk.

https://twitter.com/x/status/1447955289441857537

Source

 

[Shivub]

Invesco says it facilitated deal negotiation between Zee and Reliance

Invesco, which owns 17.88% in Zee Entertainment, said terms of the Sony-Zee merger, announced on 22 September, appeared to favour the group’s founding family, which owns 3.99%, at the expense of other investors

www.livemint.com

 

[rohan74]

Who might it be !?
Although we don't know what's the real truth. I think someone wants big piece of zee. And Zee is going saying they are not selling it to foreign company , and advertising it as make in India thing. This will further put the Sony zee merge at risk.

https://twitter.com/x/status/1447955289441857537

Source

May be Star/Disney

 

[Aksgr]

May be Star/Disney

No I sarcastically commented. It's RIL owned network18

 

[rohan74]

No I sarcastically commented. It's RIL owned network18

Ambani wanted to merge News18 channels in Zee ?

 

[Shivub]

Ambani wanted to merge News18 channels in Zee ?

Invesco says it facilitated deal negotiation between Zee and Reliance

Invesco, which owns 17.88% in Zee Entertainment, said terms of the Sony-Zee merger, announced on 22 September, appeared to favour the group’s founding family, which owns 3.99%, at the expense of other investors

www.livemint.com

Read this article

 

[RdX]

wait for some days, in Twitter soon we can see Tweets like Save Zee from foreign investors and Tagging Reliance/Ambani, Adani

 

[Mylanji]

I don't find anything entirely in Dubai in those shows.

Sorry. They were shot in the Emirates. UAE/Sharjah to be precise. Zee had a major presence in UAE after it's launch over there. So much so that other networks started launching their channels in the UAE.

But the incident is true.