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Zee Media Corporation Ltd (ZMCL) will acquire the balance 40% stake in subsidiary Zee Akaash News for a cash consideration of Rs 49 crore. The company held 60% stake in Zee Akaash News, which owns and operates Bengali news channel 24 Ghanta.
The 40% equity stake comprising 15,99,998 equity shares was held by Sky B Bangla. ZMCL will effectively pay Rs 306.25 a share to Sky B Bangla for taking complete...
Zee Media to acquire balance 40% stake in Zee Akaash News for Rs 49 cr