What are key takeaways from Oppenheimer & Zee-Invesco deal?
- 1 Answers
- Punit Goenka, MD and CEO of Zee Entertainment Enterprises Ltd.
answered 3 months ago in CNBC interview
- It is a straight equity transaction and does not include a right of first refusal or return guaranteed or buyback conditions
- 100 percent of the funds will go to debt repayments
- I don’t think we will need to sell the crown jewel, Zee Entertainment