Liontree

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Subhash Chandra-run Essel plans to raise $400 m to refinance group's Mauritius holding firm
Business

Subhash Chandra-run Essel plans to raise $400 m to refinance group's Mauritius holding firm

In November 2018, Essel Group had said that it was planning to sell up to 50 percent of the promoters' equity in the group flagship media arm ZEEL to a strategic partner.

Essel Group plans to divest up to 50% stake in Zee Entertainment; move to enhance 'global reach' , says CEO Punit Goenka
Business

Essel Group plans to divest up to 50% stake in Zee Entertainment; move to enhance 'global reach' , says CEO Punit Goenka

Essel Group's CEO and MD, Puneet Goenka said the decision to undertake a strategic review of the company's shareholding is aimed at maximising value for the business.