Singapore arbitrator lets Zee Entertainment approach NCLT to enforce Sony merger deal

Singapore arbitrator grants Zee Entertainment permission to approach NCLT for $10 billion merger with Sony India unit. Emergency arbitrator denies Sony's request for interim relief. Zee Entertainment contests Sony's claims of breach. Founder Subhash Chandra accuses market regulator of trying to scuttle merger.

Feb 4, 2024 - 18:00
Singapore arbitrator lets Zee Entertainment approach NCLT to enforce Sony merger deal
Singapore arbitrator grants Zee Entertainment permission to approach NCLT for $10 billion merger with Sony India unit. Emergency arbitrator denies Sony's request for interim relief. Zee Entertainment contests Sony's claims of breach. Founder Subhash Chandra accuses market regulator of trying to scuttle merger.