Invesco to offload 5.51 per cent stake in Zee for USD 169.5 million
By
Biju Kumar
NEW DELHI: Invesco Developing Markets Fund, which till March 31, 2022, owned 18 per cent equity in Zee Entertainment Enterprises Ltd (ZEEL), is selling another 5.51 per cnet stake in the media outlet, which will soon complete its merger with Culver Max Entertainment Pvt. Ltd. (formerly Sony Pictures Networks India Pvt. Ltd.)