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

Devangshu Datta
Last Updated at October 6, 2022 23:18 IST

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 Competition Commission of India (CCI) has cleared the proposed merger of Zee Entertainment (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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