Amid Invesco spat, Zee says open to rival offers for Sony bid

The comments show the battle between the company and its largest investors is set to worsen

Zee Entertainment Enterprises Ltd. said a potential merger with the Indian unit of Sony Group Corp. is the best deal on the table but India’s biggest private-sector TV network is open to offer from other bidders even as it faces resistance from key shareholders.

“This is the best deal for shareholders at this point in time as we are interested in maximisation of values for all our stakeholders including shareholders, the company and consuming public,” company’s chairman R. Gopalan said in a Bloomberg Television interview Wednesday adding the company is open to “consider if there is another deal on the