Big Development in ZEE - Invesco Saga
Invesco has decided not to pursue EGM as per our requisition dated 11 September 2021
Invesco believes ZEE-Sony merger has great potential for Zee shareholders.
Invesco also recognize that, following merger’s consummation, board of the newly combined co will be substantially reconstituted, which will achieve our objective of strengthening board oversight of company
Remarks: Stock seems to be ready for re-rating.. CMP 256