Page 2 - Invesco

Zee Entertainment surges 6% after 53 mn shares change hands via block deal

According to reports, Invesco Developing Markets Fund, which has a 10.14 per cent stake in ZEE, was looking to sell half of its stake in the company in a block deal

Invesco to sell 5.51% stake in Zee Entertainment for over Rs 1,300 cr

This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April

Invesco sells 7.74% stake in Zee Entertainment for Rs 2,092 crore

Puts 74.32 million shares on the block at Rs 281.46 apiece; Morgan Stanley, Segantii India among buyers

Sensex skids 575 pts, Nifty below 17,650; Tata Power sinks 4%, RIL 2%

CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent

Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon

The counter saw trades of around 124 million shares in the first couple of minutes of trade

Invesco to sell 7.8% stake in Zee worth Rs 2,200 cr on Thursday

Invesco will sell Zee shares at the rate of Rs 270.50-Rs 290.90 per equity share - a discount of up to 7% discount to the last close price of Rs 290.90 on Wednesday on NSE

Invesco drops call to remove Zee Entertainment MD & CEO Punit Goenka

Supports Sony merger; Zee welcomes move

Brokerages see more upside for ZEEL stock amid easing investor concerns

Though the stock has gained 35% over the past month, given that target prices of brokerages range between Rs 410-Rs 450 a share, there is still an upside of over 37% likely from the current levels

Zee surges 15% as Invesco withdraws EGM notice for Punit Goenka's removal

In September 2021, Invesco had put out a requisition to the Zee Board of Directors to hold an EGM on the grounds that it felt the company was not running as smoothly as desired.

Swiggy raises $700 mn in new funding round led by Invesco

The funding round saw participation from new investors such as Baron Capital Group, Kotak, among others.

Zee Entertainment board clears media firm's mega merger with Sony

ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company

Swiggy valued at $10.5 billion in $700-million Invesco-led round

Valuation has doubled since it was valued at $5.5 billion in April

Zee to hold board meeting to consider Q2 earnings on November 11

The company, which has been immersed in a legal battle with its largest shareholder, had cancelled Octo­ber 27 board meet citing lack of quorum

Invesco vs Zee latest shareholder activist challenge to falter in Asia

Aggressive, no-holds-barred shareholder activism has met with plenty of cultural resistance in Asia

In relief to Zee Entertainment, HC stops Invesco from calling EGM

Zee cancels Wednesday's board meeting to consider Sept-quarter results

Zee Entertainment cancels board meeting on quarterly results

The media company has been embroiled in a legal dispute regarding a board revamp and management changes with two Invesco-controlled funds

BS Views of the Week: What govt needs to do on PLI scheme and vaccination

From how the government can make the best of the PLI scheme to what it needs to do next on the vaccination front to pull India out of the pandemic, here's what Business Standard columnists and editorials had to say this week

Zee-Invesco dispute: Bombay HC to pronounce order on Tuesday

As Invesco has proposed to appoint six directors on the board of Zee, it would tantamount to taking control of the company, says Zee's counsel

Invesco wants to wrest control of Zee, says Punit Goenka in NCLT affidavit

Accuses Invesco of wanting to merge Zee with a rival at the cost of Zee shareholders

Top headlines: Goenka fires another salvo at Invesco; Nykaa IPO on Oct 28

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