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.
CCI proposes modifications in PVR's Rs 500 crore bid for DT CinemasThe Competition Commission of India has under section 31(3) of the Competition Act, 2002 has proposed certain modifications to the combined...
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...
PVR stock gives up early gains; ends nearly 4% downAfter surging 5.53 per cent to Rs 703.30 in intra-day trade, shares of PVR reversed the rally and finally ended at Rs 641.85, down 3.68 per...
PVR ends in red after rallying over 5% on DT Cinemas buyPVR Ltd pared gains after rallying as much as 5.5 per cent in trade on Wednesday, after company agreed to buy DT Cinemas.
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...
- DLF negates speculation that DT Cinemas on the block again
DLF Group said it will not put its movie screening business on the block but rather operate it as a group company.
- 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...
- PVR acquires DLF's DT Cinemas for Rs 60 cr
In a cash-cum-equity swap transaction, Multiplex chain PVR has acquired real estate company DLF’s cinema business — DT Cinemas — for Rs 60 ...
- PVR sells 10% stake to MCG for Rs 42 cr; buys DLF's DT Cinemas
In two separate deals, multiplex major PVR today signed an agreement to acquire DLF's DT Cinemas and has decided to offload 10 per cent equ...
- DLF to take a call soon on selling DT Cinemas to PVR Cinemas
DLF is believed to be discussing various options, including retaining a minority stake in case of merging its multiplex business with the l...
- DLF to pump Rs 1,250 cr in DT Cinemas
DLF plans to add 500 screens to its DT Cinemas at an estimated investment of Rs 1,250 crore.