Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice Dreams under the same umbrella...
Network18’s merger with TV18 and E18 gets NCLT approval
The Mumbai bench of the National Company Law Tribunal (NCLT) has granted final approval for the merger of TV18 Broadcast and e-Eighteen.com (E18) into Network18 Media and Investments, promoted by Reliance Industries Ltd...
NCLT withdraws nod given earlier for merger of Zee and Sony entities
The National Company Law Tribunal (NCLT) has withdrawn its approval for the merger scheme between Zee Entertainment Enterprises and Sony Group Corporation’s India media entities, Culver Max Entertainment and...
ZEE share price rallies over 3% as NCLT approves recall of merger scheme with Sony Pictures, Bangla Entertainment
Zee Entertainment Enterprises Ltd. (ZEEL) share price rallied over 3% on Friday after the company said it received regulatory approval for the recall of merger with Culver Max Entertainment Pvt Ltd (formerly Sony...
Zee files application seeking recall of NCLT order sanctioning merger with Sony
Zee Entertainment Enterprises has filed an application with the National Company Law Tribunal (NCLT) seeking the recall of the tribunal’s August 10, 2023 order, which sanctioned the merger scheme with Sony Group...
NCLT sanctions Star-Viacom18 merger scheme after CCI clearance
The Mumbai bench of the National Company Law Tribunal (NCLT) has sanctioned the merger scheme between Walt Disney’s Star India and Reliance Industries Limited’s (RIL) Viacom18, following the Competition...
Lenders approve Nazara’s resolution plan to buy Smaaash
City-based listed mobile gaming company Nazara Technologies has been declared the successful bidder through the resolution process to acquire Sachin Tendulkar-backed Smaaash Entertainment (SEPL). The lenders have been...
Gautam Adani and Torrent to buy majority stake in IPL team Gujarat Titans
Adani Group and Torrent Group are in discussions with private equity firm CVC Capital Partners to buy a controlling stake in the Gujarat Titans, an Indian Premier League (IPL) team. According to a report by the Economic...
PVR Inox inks strategic partnership with Amazon Pay
Cinema exhibitor PVR Inox has inked a strategic partnership with Amazon Pay to enhance the payment experience for moviegoers across India. This collaboration will enable millions of consumers to make safe, fast, and...
Barry Diller’s IAC explores bid to take control of Paramount, source says
Billionaire Barry Diller’s digital-media conglomerate IAC is exploring a bid to take control of Paramount Global, a person familiar with the matter told Reuters on Monday. IAC has entered into non-disclosure...
Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr
Shares of Nazara Technologies climbed as much as 9 per cent to hit an intraday high of Rs 887.05 per share on Friday. The uptick in share price came after Nazara Technologies said NODWIN Gaming will increase its...
Keywords Studios set to recommend $2.48 bln takeover by EQT
Video game services group Keywords Studios said on Friday it was willing to agree to a 1.96 billion pound ($2.48 billion) takeover by EQT if the private equity firm made a formal offer at that price. The latest proposal...