Subhash Chandra scrambles to retain Zee reins amid VTB’s stake sale talks
- VTB is in talks with an Indian conglomerate and an international corporation to sell the stake
- The sale could expose Zee to hostile takeover bids
Mumbai: VTB Capital Plc, a unit of Russia’s state-controlled lender VTB Group, is in talks with two potential investors to sell a 10.71% stake in Zee Entertainment Enterprises Ltd, two people directly aware of the development said.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more