(Reuters) - Japan's Sony Group Corp has sent a termination letter to Zee Entertainment Enterprises Ltd, citing its plans to call off the merger between its India unit and the media network, Bloomberg
The slide can see a possible delay in merger with the local unit of Japan's Sony Group Corp which was initiated to take on the likes of Netflix and Disney in India.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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