Posts Tagged “Oppenheimer”

Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

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