Zee Entertainment, flagship media firm of Subhash Chandra-led Essel Group, has received two bids from foreign entities to acquire half of its promoters' stake, said CEO Punit Goenka. While one bidder has submitted a binding bid, discussions were on with the second bidder for the same, he added. If finalised, the transactions would help promoters reduce their nearly ₹13,000-crore debt.