How soon will the merger of ZEE and Sony Pictures happen? Here’s what experts say

The proposed merger of Zee Entertainment Enterprises NSE 3.21 % (ZEE) and Sony Pictures Networks India (SPN) will need regulatory and compliance permissions, approval from 75% of shareholders, and could face integration issues, say legal and financial experts.

While it takes 30-60 days for the due diligence, stitching the deal will require consent from the lenders, approvals from shareholders and regulatory bodies like the Competition Commission of (CCI), as well as by the National Company Law Tribunal (NCLT), a time-consuming affair further hindered by the Covid-19 backlog.