Sony ends $10 billion deal to merge India assets with Zee, plans legal action

Sony ends $10 billion deal to merge India assets with Zee, plans legal action

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Japan's (NYSE: ) Group on Monday scrapped plans for a $10 billion merger between its Indian unit and Zee Entertainment which said it had been accused of breaching their agreement and that the case was set to go to arbitration. The collapse of the deal intended to create a media powerhouse creates…

#zeeentertainment #disney #mukeshambani #reliance #sony #zee #punitgoenka #maharashtra

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