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Zee Entertainment Enterprises acquires Margo Networks

18 Apr 2017 Evaluate

Zee Entertainment Enterprises (ZEE) has acquired Margo Networks (Margo). Margo has allotted 40,000 equity shares to the company. Upon such allotment, the company holds 80% equity stake in Margo and consequently Margo has become a subsidiary of the company.

ZEE is one of India’s leading television media and entertainment companies. It is amongst the largest producers and aggregators of Hindi programming in the world.


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