Subhash Chandra-promoted Zee Entertainment Enterprises (ZEE) is acquiring 9X Media from private equity firm Rivendell PE LLC, earlier known as New Silk Route, and other shareholders for a total cash consideration of Rs. 160 crore..Shardul Amarchand Mangaldas & Co advised Zee with a team led by Partner Jay Gandhi along with Principal Associate Arun Jerome and Associate Natalee Nanda..Economic Law Practice acted for 9X Media and Rivendell PE LLC and the team was led by Partners Sujjain Talwar and Aakanksha Joshi along with Senior Associate Amruta Kelkar and Associate Manager Tarini Menezes..Click here to download the Bar & Bench Android App.Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
