Zee Sony merger receives approval from stock exchanges2 min read . Updated: 29 Jul 2022, 08:58 PM IST
- Calling it a firm and positive step in the overall merger approval process, the company said the approvals permit it to proceed with the next steps towards the same that is now subject to approvals from CCI, NCLT and shareholders
Media and entertainment conglomerate ZEE Entertainment Enterprises Ltd. (ZEEL) has received approval from the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for its proposed merger with Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India Pvt Ltd, the company said in a statement on Friday.
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