Zee Entertainment stake sale to be finalised by July, says CEO | Editorji
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Zee Entertainment stake sale to be finalised by July, says CEO

May 28, 2019 18:49 IST

Zee Entertainment is in advanced talks to sell its 50% stake in the company to a strategic partner and the deal will be finalised by July end. Reports suggest that Sony Corporation has revived talks with the Subhash Chandra-led firm to buy a majority stake and are in discussion over deal valuation and structure of the deal. Earlier, Sony's bid to buy stake in the firm fell through after differences emerged over valuation and holding stake in the firm.

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