Thursday, March 26, 2026
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit
MediaNews4U.com
Home Featured

Invesco to sell 5.5 pc stake in ZEEL worth $169.5 million

by MN4U Bureau
October 18, 2022
in Featured, Media
Reading Time: 1 min read
A A
Is Invesco arm twisting Punit Goenka for refusing its merger deal with a Strategic Group?
Share Share ShareShare

Three days after shareholders of Zee had approved the merger of the company with Sony Pictures, Invesco Developing Markets Fund will sell a 5.51 pc stake in Zee Entertainment Enterprises Ltd for $169.5 million or up to Rs 1,396 crore in a block trade.

With this deal, Invesco will offload over half of its stake in Zee Entertainment, which stood at 10.14 pc as of 30 June, 2022, held through OFI Global China Fund LLC.

Reportedly, the price for the deal was reported to be in the range of Rs 250 to Rs 263.7 per share. 

In April 2022, after withdrawing its demand for an extra ordinary general meeting (EGM), Invesco sold  7.74 pc stake in Zee Entertainment for Rs 2,092 crore.

Tags: InvescoZee Entertainment EnterprisesZEEL

RECENT POSTS

ZEEL resets ad revenue structure under Sandeep Mehrotra
Media

ZEEL resets ad revenue structure under Sandeep Mehrotra

March 25, 2026
0

Mumbai: Zee Entertainment Enterprises Ltd (ZEEL) has implemented a sweeping revamp of its revenue and sales organisation following the exit...

Read moreDetails
Pritish Nandy Communications marks 32 years with brand film showcasing evolution across India’s entertainment landscape
Media

Pritish Nandy Communications marks 32 years with brand film showcasing evolution across India’s entertainment landscape

March 25, 2026
0

Mumbai: Pritish Nandy Communications (PNC) has unveiled a new brand film to commemorate over three decades of storytelling, highlighting its...

Read moreDetails
India’s microdrama market set to grow 50% annually, driven by Tier-II/III adoption, AI production and UPI AutoPay payments: FICCI EY Report
Media

India’s microdrama market set to grow 50% annually, driven by Tier-II/III adoption, AI production and UPI AutoPay payments: FICCI EY Report

March 25, 2026
0

MUMBAI: The FICCI EY report noted that India’s micro-drama market was valued at INR6.5 billion in 2025. It is expected...

Read moreDetails
RCB Poised to Top IPL Franchise Valuations at $140 Million After Historic Title Win: Qoruz
Media

Aditya Birla Group–led consortium acquires RCB for $1.8 billion

March 25, 2026
0

Mumbai: A consortium led by the Aditya Birla Group, along with The Times of India Group, Bolt Ventures (David Blitzer)...

Read moreDetails
Jiostar flags alleged breach of Delhi HC order in Legends League Case; Sony halts telecast
Media

Jiostar flags alleged breach of Delhi HC order in Legends League Case; Sony halts telecast

March 24, 2026
0

Mumbai: Jiostar India Pvt. Ltd. has flagged an alleged breach of a Delhi High Court order in relation to the...

Read moreDetails
TV and digital deliver distinct audiences with less than 10% cross-platform duplication: JioStar
Media

TV and digital deliver distinct audiences with less than 10% cross-platform duplication: JioStar

March 24, 2026
0

Mumbai: JioStar has released new insights from BARC | Nielsen One Ads, a cross-screen measurement solution deployed during the ICC...

Read moreDetails

LATEST NEWS

PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch

PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch

March 25, 2026
Warner Bros. Discovery India launches ‘World On My Plate with Shipra Khanna’ on TLC

Warner Bros. Discovery India launches ‘World On My Plate with Shipra Khanna’ on TLC

March 25, 2026

ANALYSIS

Indian sports economy crosses $2 billion mark in 2025, signals structural maturity: WPP Media report
Analysis

Indian sports economy crosses $2 billion mark in 2025, signals structural maturity: WPP Media report

March 23, 2026
0

Mumbai: WPP Media has released the 13th edition of its flagship report, Sporting Nation: Building a Legacy, highlighting a landmark...

PEOPLE

Network18 appoints Raj Jain as Independent Director
People

Network18 appoints Raj Jain as Independent Director

March 25, 2026
0

Mumbai: Network18 on Wednesday said it has appointed media industry veteran Raj Jain as an Independent Director to its board...

MARKETING

PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch
Marketing

PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch

March 25, 2026
0

Mumbai: Pepsi Global, part of PepsiCo Inc., has unveiled Pepsi Football Nation, a new global platform aimed at celebrating football...

Subscribe to Newsletters

ADVERTISING

SW Network wins Social Media Mandate for Lava Mobiles
Advertising

SW Network wins Social Media Mandate for Lava Mobiles

March 24, 2026
0

Mumbai: SW Network has been appointed as the creative and social media agency by Lava International Limited, one of India’s...

PRINT

Press Emblem Campaign raises concern over sealing of UNI office in Delhi
Print

Press Emblem Campaign raises concern over sealing of UNI office in Delhi

March 23, 2026
0

Delhi: Press Emblem Campaign (PEC) has expressed concern over the sealing of the office of United News of India (UNI)...

AUTHOR'S CORNER

How new-age agencies are engineering luxury for brands, not only inheriting it
Authors Corner

How new-age agencies are engineering luxury for brands, not only inheriting it

March 25, 2026
0

There was a time when luxury didn’t need explaining. It arrived with history, European ateliers, generational craftsmanship, heritage buildings, and...

UPLIFT MEDIANEWS4U DIGITAL PVT LTD
No. 194B , Aram Nagar 2, JP Road,
Versova, Andheri West
Mumbai - 400061

For editorial queries:
[email protected]
[email protected]

For business queries:
Smitha Sapaliga - +91-98337-15455
[email protected]

Recent News

Network18 appoints Raj Jain as Independent Director

Network18 appoints Raj Jain as Independent Director

March 25, 2026
PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch

PepsiCo launches ‘Pepsi Football Nation’ to deepen global fan engagement beyond the pitch

March 25, 2026
Warner Bros. Discovery India launches ‘World On My Plate with Shipra Khanna’ on TLC

Warner Bros. Discovery India launches ‘World On My Plate with Shipra Khanna’ on TLC

March 25, 2026

Newsletter

Subscribe to Newsletters

Medianews4u.com © 2019 - 2025 All rights reserved.

  • The South Side Story 2023 Download Report
  • Goafest 2023: Day 3
  • Goafest 2023: Day 2
  • Goafest 2023: Day 1
  • Straight Talk Gallery 2022
  • The South Side Story 2022 Download Report
  • Focus 2022
  • Futurescope Conclave Gallery 2022
  • The South Side Story 2021 Download Report
  • FOCUS 2021
  • Exclusive
  • Exclusive
  • Advertising
  • Media
    • Radio
    • Cable & DTH
    • Print
    • Digital Frontier
    • Gaming Nexus
  • Television
  • OTT
  • Ad-Tech
  • Marketing
  • Campaigns
  • Analysis
  • Opinion
    • Opinion
    • Think Through
    • Prescience 2023
    • Prescience 2024
  • People
  • Events
    • Leader Speak
    • STRAIGHT TALK
    • Gamechangers
    • Print & TV Summit

Medianews4u.com © 2019 - 2025 All rights reserved.