Search result for 'termination fee'

The National Company Law Tribunal (NCLT) has recalled its order approving the Zee-Sony merger and allowed the withdrawal of the scheme. The decision comes after both companies settled their dispute...

ZEE Entertainment shares soared after the company and Sony Pictures Networks India settled their six-month-long dispute over a failed USD 10-billion merger. The settlement includes the withdrawal...

Zee Entertainment is planning to raise funds through equity share issuance and QIPs. This comes after the termination of a merger deal with Sony Corporation. The board will meet on June 6 to...

Zee Entertainment Enterprises has demanded a USD 90 million termination fee from Sony Group for breaking off their USD 10 billion merger deal in January. The move follows Sony's earlier attempt to...

Zee Entertainment Enterprises is seeking to revive its USD 10 billion merger with Sony Group after the deal was terminated in January. Sony is evaluating the proposal.

Sony confirms its commitment to the Indian market despite the failed merger with Zee, looking for alternative growth opportunities and highlighting India's potential.

Mad Men Film Ventures, a Zee shareholder, files a new plea in NCLT against Sony's termination of their merger agreement. The NCLT has ordered ZEEL and Sony Pictures to respond to the plea.

Sony expresses disappointment over a Singapore tribunal's decision rejecting its plea to restrain Zee from approaching NCLT regarding the merger.

Zee Entertainment wins a crucial victory as the Singapore Arbitration Centre denies Sony's request to prevent the company from approaching NCLT to enforce the merger.

Zee Entertainment has taken legal action against Sony to enforce their $10 billion merger agreement, while Sony vows to thrive in India despite the deal's collapse.

Zee Entertainment files a petition with the NCLT to enforce the merger scheme after Sony Group terminated the deal. Zee challenges Sony's $90 million claim for breach of conditions.

Zee Entertainment has filed a lawsuit against Sony after the Japanese company terminated their merger deal. The Indian company is challenging Sony's termination fee and seeking to enforce the...

Sony Group Corp has called off its $10 billion merger with Zee Entertainment in India, citing a leadership dispute. The deal, announced in 2021, would have created a major entertainment conglomerate.

Sony has terminated its $10 billion merger with Zee Entertainment, citing unmet conditions. Zee refutes claims and plans to contest in arbitration. The merger was set to create India's largest...

Adobe has called off its $20 billion acquisition of Figma due to European antitrust concerns. The companies say there is no clear path to receive necessary regulatory approvals.