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Zee Entertainment approves merger with Sony Pictures India

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Zee Entertainment approves merger with Sony Pictures India

timestampSep 22, 2021 authorAlShorts Web Desk

Board of Zee Entertainment Enterprises approved the merger of the firm with Sony Pictures Networks India (SPNI). The alliance is aimed at achieving higher growth and profits as a leading media and entertainment company across South Asia. Under the merger, SPNI shareholders will hold a 52.93% stake, while Zee shareholders will own a 47.07% stake in the combined entity.

Latest News

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You're too beautiful to understand Europe gas issues: Putin to US journo

UAE logs 115 new cases of COVID-19

India logs 15,981 new cases of COVID-19

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