The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Sporta Technologies, which owns India’s largest fantasy sports platform Dream11, under the corporate insolvency resolution process (CIRP) on an...
Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws near
With a week to go before the exclusivity period deadline for bilateral negotiations comes to an end on February 17, Walt Disney Co and Reliance Industries (RIL) are in the last leg of negotiations to finalise their mega...
Sony Music acquires major stake in Michael Jackson catalogue
Sony Music Group has finalized a deal to acquire half of Michael Jackson’s publishing and recorded masters, marking the culmination of a transaction that Variety first reported on a year ago. The catalog’s total...
Smaaash Entertainment RP gets 11 takeover bids
The resolution professional (RP) for Sachin Tendulkar-backed sports entertainment company Smaaash Entertainment (SEPL) has received 11 expressions of interest (EoIs) to take over the company in response to a process...
NCLT issues notice on Zee’s plea seeking implementation of Sony merger
The National Company Law Tribunal’s Mumbai bench has issued a notice on Zee Entertainment’s plea seeking the implementation of merger with Sony Pictures’ India arm. The tribunal will take up the case...
Zee shareholder moves NCLT seeking implementation of merger with Sony
The Mumbai bench of the National Company Law Tribunal (NCLT) gave Sony Group Corp. entities three weeks to respond to a plea filed by a shareholder of Zee Entertainment Enterprises seeking the implementation of the...
Nazara Technologies to acquire Comic Con India via Nodwin Gaming
Gaming firm Nazara Technologies announced the acquisition of Comic Con India via its Nodwin Gaming unit. “As part of this transaction, Nodwin Gaming will acquire 100% of the shares of Comic Con India at a...
Gamma Intermediate selling 6.4% stake in Italy’s Lottomatica
Italian gaming group Lottomatica, said that majority shareholder Gamma Intermediate had completed the sale of a 6.4% stake, or 16 million shares, worth 152 million euros ($166 million). The sale was conducted through...
Believe SA top investors explore takeover of French digital music co – sources
The largest shareholders in Believe, the French music services company behind best-selling French artists like rap duo PNL, have been exploring taking it private in recent weeks, people familiar with the matter told...
No Sony nod yet to extend Zee merger date
The Sony-Zee mega merger still hangs in the balance. Sony Pictures Networks India (SPNI) said it hasn’t yet decided on extending the Thursday, December 21, deadline to complete the merger with Zee Entertainment...
Reliance, Disney to sign off on India media merger next week
Walt Disney Co. and Reliance Industries Ltd., led by Asia’s richest tycoon Mukesh Ambani, are expected to sign a non-binding pact as early as Monday to merge their media operations in India in a cash-and-stock deal...
RIL, Disney ready term sheet to merge India operations
Reliance Industries Ltd (RIL) and Walt Disney Co. are finalising details of a non-binding term sheet to move ahead with plans to merge their India media and entertainment operations, said executives involved in the...
