The National Company Law Appellate Tribunal (NCLAT) has deferred the hearing in Zee Entertainment Enterprises Limited’s (ZEEL) petition against the National Company Law Tribunal’s (NCLT) May 11 order...
ZEE Entertainment to move appellate body against NCLT order
Zee Entertainment Enterprises (ZEEL) is set to move the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) May 11 order, a source close to the development told ET...
NCLT directs NSE, BSE to ‘reassess’ approvals for Zee-Sony merger
The Mumbai bench of the National Company Law Tribunal (NCLT) has directed the National Stock Exchange and Bombay Stock Exchange to reconsider their respective initial approvals for the Zee-Sony union and issue updated...
NCLT rejects plea against Zee
In a significant relief to broadcaster Zee Entertainment Enterprises, the Mumbai bench of the National Company Law Tribunal (NCLT) on Friday rejected an insolvency petition filed against it by IDBI Bank. On 15 December...
JioCinema, Voot merger in final stage as cos await IPL end
The merger between Viacom18 Media Pvt Ltd-owned video streaming app Voot and JioCinema is in the final stages, said three people in the know. The company is waiting for the Indian Premier League (IPL) season to...
Comcast likely to sell Hulu stake to Disney by early 2024 – CNBC
Comcast Corp will likely sell its 33% stake in streaming platform Hulu to Walt Disney Co early next year, CNBC reported on Tuesday, citing Comcast Chief Executive Brian Roberts. Disney said in 2019 it would take full...
Australia’s Aristocrat Leisure to buy Israel’s NeoGames for $1 bln; shares soar
Australia’s Aristocrat Leisure said it will acquire Israel-based online gaming solutions provider NeoGames SA for about $1 billion, leading the target’s shares 120% higher in premarket trading. U.S. shares...
Australia’s Aristocrat Leisure to buy Israel’s NeoGames for $1 bln
Australia’s Aristocrat Leisure said it will acquire Israel-based online gaming solutions provider NeoGames SA for about $1 billion in a bid to improve its foothold in the real-money gaming (RMG) space. Aristocrat...
Epic Games acquires game developer firm AQUIRIS to enhance Fortnite
Video game developer Epic Games has announced that it acquired Brazil-based game developer studio AQUIRIS to boost the online game Fortnite. “Today we are announcing that Brazil-based game studio, AQUIRIS, is...
UK’s Cineworld scraps planned sale of Eastern European, Israeli operations
British cinema chain operator Cineworld it has abandoned the planned sale of its businesses in Eastern Europe and Israel, saying the proposals it got did not meet the value needed by its lenders. The world’s...
Invesco exits ZEEL; sells entire stake for Rs 1,004 crore
Invesco divested its entire stake — 5.11 per cent — in Zee Entertainment Enterprises Ltd for Rs 1,004 crore through an open market transaction. Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and...
Sega Sammy says it is considering buying Angry Birds maker Rovio
Japan’s Sega Sammy Holdings Inc said it was considering acquiring Finland’s Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy...
