Invesco to sell 5.51% stake in Zee Entertainment; share jumps 6%
Invesco to pare half of its stake in ZEEL, which currently stands at 10.14%, that could fetch the investor as much as $169.5 million (around ₹1,300 crore).
Invesco to pare half of its stake in ZEEL, which currently stands at 10.14%, that could fetch the investor as much as $169.5 million (around ₹1,300 crore).
Invesco, which is Zee's largest shareholder, had called for an EGM to oust MD & CEO Punit Goenka last year.