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Breakingviews - Invesco wins battle, and half the war, at Zee

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Breakingviews - Invesco wins battle, and half the war, at Zee

After winning an Indian court battle to uphold its right to call a shareholder vote at broadcaster Zee Entertainment , Invesco has decided against wielding its 18% stake to hold a ballot. Originally, the U.S. fund manager wanted to oust boss Punit Goenka. That's now redundant after Zee agreed to a $7 billion merger with Sony Pictures Networks India that will rejig the board and help to check the influence of the media tycoon. Invesco did well to get this far.

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Breakingviews - Invesco wins battle, and half the war, at Zee

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Breakingviews - Invesco wins battle, and half the war, at Zee

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