Have institutions failed Zee investors?
Chandra family owns 3.99% stake in ZEE while domestic institutions and foreign institutional investors own 43.59% and 28.19% stake, respectively.
zee sony deal
January 2024
December 2021
ZEE shares tank 30% to hit lowest level since Aug 2020
Sony’s termination of the deal with ZEE fuels downward rally; analysts say the scrip may fall to levels seen prior to merger announcement
$10 bn Zee-Sony merger deal collapses after 2 yrs of talks
Setback to Zee as Sony sends termination letter; cites failure to fulfil agreement as reason behind deal collapse
How ZEE’s Punit Goenka bailed out of an imminent ouster
Apart from Sony, ZEE was also in talks with Reliance for a strategic investment deal
Zee, Sony sign merger deal; Punit Goenka to lead new entity
The combined company will include 75 TV channels, two film studios, two video streaming services, and a digital content studio.
