WPP, the world’s biggest advertising group, said it would merge its two largest communications agencies Hill & Knowlton and BCW, in the latest internal tie-up aimed at driving efficiencies within the company...
Zee moves NCLT, SAIC against Sony Pictures post collapse of merger deal
Days after its $10 billion merger transaction with Sony India collapsed, Zee Entertainment Enterprises moved the National Company Law Tribunal (NCLT), appealing to the court to direct Sony India to implement the merger...
Zee to take legal action after Sony terminates merger: Report
Indian broadcaster Zee Entertainment said on Monday it will take legal action against Sony Group after the Japanese media company terminated a $10 billion merger of their India operations, Reuters reported on 22 January...
Deadline over; Sony not keen to extend good faith negotiations with Zee. $10 bn merger terminated
Sony Group Corp is unlikely to extend the good faith negotiations with Zee Entertainment Enterprises Ltd. (ZEEL) — whose deadline was supposed to lapse on midnight of January 21st said people aware. Sony is...
Kindred confirms takeover bid from FDJ
Online gaming company Kindred Group confirmed it has received a cash takeover bid from French group La Francaise des Jeux. The offer will be announced on Monday before the market opens, Kindred said in a statement...
Zee-Sony Merger: Fate on creation of $10 bn media giant likely to be decided today
Sony Group Corp has called for a board meeting on Friday, where it’s expected to take a call on the $10-billion merger of its India operations with Zee Entertainment Enterprises, said people with knowledge of the matter...
Italian state TV to sell up to 15% of tower unit Rai Way
Italian state broadcaster RAI said on Thursday it plans to sell a stake of up to 15% in its TV tower company Rai Way, a move that Treasury sources said would leave the possibility of a long-awaited merger between the...
Wondrlab acquires Polish digital agency
Marketing technology company Wondrlab has made its first global acquisition with the purchase of Polish digital agency WebTalk through a mix of cash and equity, CEO Saurabh Varma told ET. Founded in 2010, WebTalk is a...
Adani Group raises stake in news agency IANS
The media arm of India’s Adani Group said it increased its stake in IANS India by subscribing to fresh shares issued by the news agency worth Rs 5 crore ($601,801). AMG Media Networks, a unit of Indian billionaire...
Thomson Reuters takes 54% stake in Pagero, raises buyout offer to thwart rival bids
Thomson Reuters raised its offer to buy Sweden’s Pagero by 25% to about $789 million and said it now controls about 54% of the company, seeking to ward off rival bids for the e-invoicing and tax solutions firm...
Thomson Reuters offers to buy Sweden’s Pagero for $627 mln
Thomson Reuters said it has offered to buy Swedish e-invoicing and tax solutions company Pagero for 6.4 billion crowns (about $627 million), topping an earlier offer from U.S. tax technology firm Vertex. Thomson Reuters...
Indian media landscape set for a shake-up, with or without M&As
The likely coming together of Reliance Industries Chairman Mukesh Ambani’s Viacom18 with Walt Disney’s India operations, and clarity over the long-drawn Zee-Sony merger deal could reshape the country’s entertainment...
