Essel Group chairman Subhash Chandra will sell 16.5% in flagship Zee Entertainment Enterprises to financial investors as he makes a 2nd attempt to raise money to retire debt. Chandra will be left with 5% in Zee, a company he founded in 1982. US-based investment manager Invesco Oppenheimer will become the largest shareholder of Zee with 19%.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2D1eZDJ
Subhash Chandra to be left with just 5% in Zee
![Subhash Chandra to be left with just 5% in Zee]()
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November 20, 2019
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