Invesco and OFI Global China along with other entities sold 5.51 per cent stake in Zee Entertainment Enterprises (ZEEL) for more than Rs 1,396 crore through open transactions. A total of 5,29,35,068 shares of the company were offloaded at a price of Rs 263.7 apiece.
OFI Global China and funds managed by Invesco offloaded a total of 5.46 per cent stake. The funds are Invesco Developing Markets Fund, Invesco Emerging Markets Equity Trust, MML Strategic Emerging Markets Fund and Invesco Emerging Markets Equity Trust. Besides, PF Emerging Markets Fund and Emerging Markets of the Pacific Select Fund sold ZEEL shares.
Zee Entertainment Enterprises 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.
Company Name | CMP |
---|---|
Zee Entertainment | 145.95 |
Sun TV Network | 663.95 |
GTPL Hathway | 178.25 |
TV18 Broadcast | 46.56 |
Den Networks | 53.25 |
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