Zee

Zee shares jump 10% after report Sony merger is being revived

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The deal, announced more than two years ago, was perceived as crucial for the survival of the companies in a highly competitive market. Bloomberg | Bloomberg | Getty Images Shares of India’s Zee Entertainment jumped more than 10% on Tuesday after a report that its $10 billion merger with Japanese tech giant Sony could be … Read more

Sony tells Zee it’s terminating the $10 billion India merger

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Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the … Read more