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PVR acquires DLF’s cinemas for Rs 433 croreThe acquisition, which was announced in June last year, was scrutinised by the Competition Commission of India (CCI), which gave its condit...
DLF to sell 32 screens to PVR for revised price of Rs 433 croreIn June last year, PVR had announced the acquisition of DT Cinemas for Rs 500 crore after aborting from a similar deal in February 2010.
PVR set to renegotiate DT Cinemas deal with DLF“PVR was supposed to pay Rs 500 crore for 39 screens across 10 properties to DLF. That deal will now be renegotiated,” said one of two peop...
CCI okays PVR-DT Cinemas deal, asks to exclude certain assetsLast June, PVR had announced the acquisition of DT Cinemas for Rs 500 crore after aborting a similar deal in February 2010.
PVR may be looking to renegotiate terms of deal to acquire DT CinemasPVR, which recently crossed the 500-screen mark in India, had in June 2015 announced the agreement to acquire DT Cinemas.
Why acquisition of DT Cinemas though expensive augurs well for PVR in the long-termPost-acquisition, PVR would have 21% market share of the Northern region and its screen share in Delhi NCR region would go up to 53% from 3...
DLF clarifies that it has not done any transaction with respect to DT CinemasThe company would keep the exchanges informed in case of any developments and the company shall continue to do so as part of its obligation...
PVR gains on reports of acquisition plans of DT Cinemas; ends flatPVR Ltd rallied as much as 2.5 per cent in trade on Wednesday after media reports suggested it is set to acquire DT Cinemas.
- DT Cinemas considering launch of luxury multiplexes
DT Cinemas, the multiplex arm of realty major DLF, is considering to enter the luxury segment by launching super-premium film screening cen...
- DT Cinema is no loss for PVR
It was supposed to be one of the biggest acquisitions in the Indian film exhibition industry and the one that would have firmly put consoli...