BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
The Competition Commission of India has approved the merger between the Sony Pictures Network India Pvt. Ltd. and Zee Entertainment, subject to certain conditions.
As per Media reports, the merged entity may exit the Marathi general entertainment channel in a bid to allay CCI concerns on four segments, including Hindi GEC, movies, and Bengali channel.
The next pit stop is to seek shareholder approval, with meeting scheduled on October 14, 2022.
Clearly, the merger process has taken longer than the management expectation of nine-10 months, but once the shareholder approval is in place, the merger process should be largely procedural and may conclude by Q4 FY23.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
