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CAM files petition for Zee in NCLT to enforce $10 billion merger with Sony Pictures

28 Jan 2024 2 min read
CAM files petition for Zee in NCLT to enforce $10 billion merger with Sony Pictures

Mumbai, India - Zee Entertainment Enterprises Limited (BSE Scrip Code Equity: 505537, NSE Symbol: ZEEL EQ), a leading media and entertainment company, has issued a detailed response to recent allegations made by Culver Max Entertainment Pvt. Ltd. (formerly Sony Pictures Networks India Private Limited) and Bangla Entertainment Pvt. Ltd. (BEPL). The allegations revolve around the termination of the Merger Cooperation Agreement dated December 22, 2021 ("MCA"). In a letter addressed…

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