afaqs! news bureau

Invesco exits Zee Entertainment

The company sold an entire stake for Rs 1,004 cr at Rs 204.5 per share.

Invesco Oppenheimer-owned OFI Global China Fund LLC has sold its 5.11% stake in Zee Entertainment Enterprises (ZEEL) for ₹1,004 crore.

With this transaction, Invesco has fully exited ZEEL as an investor.

Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and Goldman Sachs Singapore Pte ODI were among the buyers of the shares.

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