French advertising technology provider Criteo SA is making a new attempt to sell itself after discussions with potential acquirers in previous years proved unsuccessful, according to people familiar with the matter. The...
NCLT adjourns Zee Entertainment lenders’ pleas against merger to Feb 2
The Mumbai bench of the National Company Law Tribunal (NCLT) has adjourned the matter of Zee Entertainment lenders looking to prevent a merger between Zee and Sony to February 2. The matter had come up in the NCLT court...
Radio City’s scheme for NCRPS gets NCLT approval
The National Company Law Tribunal (NCLT) has approved Radio City parent Music Broadcast Ltd’s (MBL) scheme of arrangement for the issuance of non-convertible non-cumulative redeemable preference shares (NCRPS) on...
Adani Group acquires NDTV promoters’ additional 27.26% stake for ₹602 crore
Gautam Adani, the world’s third-richest man, took majority control of New Delhi Television, or NDTV, after founders Prannoy Roy and Radhika Roy sold a 27.26% stake in NDTV to an Adani unit for ₹602 crore in several...
Bloomberg has no interest in acquiring Dow Jones or Washington Post, spokesman says
Bloomberg L.P. has no interest in acquiring either Dow Jones or the Washington Post, a Bloomberg L.P. spokesman said in a tweet. “There have been no conversations with anyone or either organization about an...
NCLT to hear Zee lenders’ pleas against merger in January
India’s bankruptcy court will hear on January 12 requests from Zee Entertainment Enterprises (Zee) lenders to prevent a merger between it, Culver Max Entertainment (owned by Sony), and Bangla Entertainment (a Sony...
NDTV founders to divest majority stake to Adani Group
The founders of New Delhi Television(NDTV), Radhika Roy and Prannoy Roy, will divest majority of their stake in the company to Adani Group company AMG Media Network, they said in a release. Following the recent open...
Adani Group company VCPL has picked up 8.27% stake via open offer, says NDTV
News broadcaster NDTV has disclosed that Adani Group firm Vishvapradhan Commercial Private Limited (VCPL) has acquired 8.27% of stake in the company in the recently concluded open offer. The total shareholding of Adani...
Axis Finance asks resolution professional to intervene to stall Zee deal with Sony
Axis Finance Ltd (AFL) has requested Raj Kamal Saraogi, the resolution professional overseeing personal insolvency proceeding against Subhash Chandra, to intervene and stop the amalgamation scheme between Zee...
The Good Glamm Group acquires majority stake in Twinkle Khanna’s Tweak India
Good Glamm Group has acquired a 51% stake in digital media company Tweak India in a cash-and-stock deal. ET was the first to report on September 20 that the content-to-commerce (C2C) company planned to acquire the...
UK’s National World drops plans to buy British news publisher Reach
Britain’s National World Plc said it had scrapped plans to make a cash offer for Reach Plc, the British publisher behind the Daily Mirror and Sunday Mirror newspapers. National World, which invests in news...
Vivendi-Lagardere deal faces full-scale EU antitrust probe -sources
Media group Vivendi’s proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter said on Tuesday. The proposed deal would combine France’s...
