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Published: Apr 30, 2023
Updated: Apr 30, 2023
The Zee group is taking several steps to repay lenders like IndusInd bank and others so as to merge its operations with Sony. If insiders are to be believed, Zee is desperate to sign a deal with the lenders to make sure that the deal approval comes as soon as possible.
Invesco, one of the Zee shareholders, has already exited the shares at a huge loss on its acquisition cost.
If all lenders agree, the promoters want to close the deal by June this year. The deal has already been delayed by over one and a half years.
February 15, 2025 - First Issue
Industry Review
VOL XVI - 10
February 01-15, 2025
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