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...ISS’s position centres on a long-standing and controversial practice in Germany’s two-tier governance system: the fact that top executives often join a company’s supervisory board at the end of their operational...
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
...Sony officials’ frustration with Zee came to a head last month after the Indian company said it could not close the deal by a December 21 deadline....
...Sony’s frustrations with Zee reached a tipping point last month when the Indian company admitted it could not close the deal by a December 21 deadline....
...In 2021, Sony secured a deal that seemed to be the perfect way to ride India’s growth wave: a majority stake in Zee, the country’s largest listed media company and a stalwart of Bollywood....
...Zee’s shares jumped 18 per cent on Thursday after it notified local stock exchanges that the National Company Law Tribunal had approved the merger....
...India’s markets regulator Sebi in June banned Zee chief executive Punit Goenka from leading listed companies, over allegations that he was involved in diverting funds from Zee and the group’s other listed...
...A deal between Sony and Indian group Zee to create a media powerhouse that would have rivalled the new Reliance-Disney entity fell apart this year....
...Frustrations with Zee reached a tipping point last month when the Indian company admitted it could not close the deal by a December 21 deadline....
...A planned merger between Sony and Indian group Zee — the studio behind another 2023 hit, Gadar 2 — fell apart this week amid a dispute over everything from Zee’s financial performance to corporate governance...
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
...The deal follows the collapse of an agreement between Sony and India’s Zee Entertainment earlier this year, which would have created a $10bn media powerhouse to rival Reliance and Disney’s new entity....
...But the company was ultimately unable to get permission to operate locally....
...Foreign game companies are required to have a local publisher to offer video games in China, which has a gaming market worth $43bn....
...The CIA’s Patel says more companies are waking up to the dangers. “Since the Russia-Ukraine conflict, the private sector has been much more forward-leaning,” she notes....
...The deal comes as some UK assets have become attractive targets for US companies amid the strengthening of the dollar....
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...The talks collapsed at the weekend over the Japanese group’s refusal to allow Zee’s chief executive to stay on after the merger....
...The deal will be a boost for the moribund London stock market, which on Tuesday faced the prospect of losing further companies following a proposed delisting of retailer Superdry and an agreed takeover for...
...An unwinding of the deal that created the company no longer looks far-fetched....
...“We are hard-pressed to think of any other precedent of a company of Tesla’s size basing its path of success on such binary bets,” writes Barclays, apropos the latest thing:https://twitter.com/elonmusk/status...
...Some companies are limbering up and are worth a look. But don’t expect many personal bests in the near term....
...The company said it generated strong engagement in the first quarter from subscribers in the UK with Fool Me Once, which had 98mn views....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
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