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Zee stock gets a boost post CCI clearing mega merger deal with Sony

Though there are some near-term concerns on the business front, most analysts are positive

Topics
Zee Entertainment | CCI | Competition Commission of India

Devangshu Datta 



Zee
A majority of the board will be nominated by the Sony Group though Puneet Goenka will lead the combined entity as managing director and chief executive officer

The news that the (CCI) has cleared the proposed merger of (Zee) with Bangla Entertainment Private Limited (BEPL) and Culver Max Entertainment Private Limited (CMEPL) (formerly Sony Pictures Networks India or SPNI) triggered a rise of 4.65 per cent in the Zee stock, which closed at Rs 279.95 on the BSE.

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First Published: Thu, October 06 2022. 20:13 IST

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