Invesco Oppenheimer Buys 11% Stake In Zee Entertainment For Rs 4,224 Cr
  • WebDesk BTVI
  • Jul 31 2019

Invesco Oppenheimer developing market funds agrees to buy 11% stake in Zee. Essel Group has initiated process of divesting key assets as well as non-media assets. Oppenheimer has been a financial investor in Zee Entertainment since 2002. 63.98% of promoters stake in Zee, pledged with MFs & other financial institutions.