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  2. Financial

Sony scrapped $10 bln India merger as Zee failed to meet financial terms

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29 January 2024
Financial
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weekly_01.31.24_1ZEE-ENT-M-A-SONY-GROUP

Business & FinanceDeals

Reuters exclusively reported[1] that Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment (ZEE.NS), in part because Zee failed to meet some financial terms of the deal and come up with a plan to address

Read more https://www.reutersagency.com/en/reutersbest/article/sony-scrapped-10-bln-india-merger-as-zee-failed-to-meet-financial-terms/

  • Previous Article ADM postpones some executive bonuses amid accounting probe
  • Next Article Russia struggles to sell Pacific oil, 14 tankers stuck

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