Reliance Industries on Wednesday said it regretted being involved in a dispute between Zee Enterprises and Invesco, terming reports in the media as false.
A day after Puneet Goenka alleged that Invesco pursued an overpriced merger deal with a “large Indian conglomerate”, Reliance clarified that it had entered into an agreement with Zee to merge media assets at a “reasonable valuation”. made a comprehensive offer.
Earlier during the day, Invesco said it facilitated talks between Reliance and Zee in February, but its MD and CEO Puneet Goenka denied it.
Don’t miss a story! Stay connected and informed with Mint.
download
Our App Now!!
.