In ‘a sign from the lord’, Sony-Zee merger called off

On Monday, Sony sent a termination letter to Zee for failing to meet the agreement conditions for the merger. Zee CEO Punit Goenka seems to be at the center of the deal’s collapse.

22 January, 20241 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
In ‘a sign from the lord’, Sony-Zee merger called off

You may also like

Business
Story image

UAE rewrites crypto rules to raise the bar

The Capital Market Authority consolidates oversight, tightens compliance and reworks how virtual assets operate in the country.

Business
Story image

The Gulf Report: IMF slashes growth projections for Mideast amid Iran war

The regional economy is expected to take a big hit in 2026, venture capital activity is starting to show signs of strain, and Saudi Arabia’s sovereign fund has a new investment strategy.

Business
Story image

IPO pipeline likely to stall despite SEBI flexibility

Promoters balk at smaller issues and uncertain pricing, choosing to wait out volatility.