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Zee merger delayed by a few months, says Sony

Mint Mumbai

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September 30, 2023

Japan's Sony Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises, which had an initial deadline of September, would take a few more months to complete

"Based on the current state of preparation, we expect completion within the next few months," Sony said in a statement, without elaborating further.

Sony and Zee did not immediately respond to Reuters' requests for comment.

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