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PVR INOX DEAL
The big screen’s back in spotlight as Rs 13,000 crore box-office revival fades OTT boomIndian cinema is back to prioritizing movie theaters. Films now stream much later after their big screen debut. This shift is driven by stu...
Box office boom pushes film industry back to theatre-first strategyIndian cinema is returning to a theatrical-first release model. Streaming platforms are reducing spending, and studios are focusing on box ...
Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this weekIndian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign ...
When survival is at stake, Bollywood production houses turn to distributionBollywood production houses are increasingly entering the film distribution space over the past two years as a structural shift driven by r...
Two PE funds sell over 2% stake in PVR Inox via bulk dealsPlenty Private Equity fund through its affiliate has sold 2.1% stake in leading multiplex chain PVR Inox through a bulk deal. In a separate...
NCLT grants approval to PVR-Inox merger scheme"We would like to inform you that Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has allowed the Proposed Scheme today i.e., 1...
PVR-Inox merger deal: Final NCLT hearing on January 12"The NCLT has posted the PVR-Inox merger application for final disposal on January 12, 2023. All the regulatory authorities have filed thei...
Competition Commission of India rejects complaint against proposed PVR-INOX dealCCI on Tuesday rejected a complaint against the proposed merger of multiplex chains PVR and INOX Leisure, saying apprehension of likelihood...
Non-profit group approaches CCI against proposed PVR-INOX Leisure mergerOn March 27, PVR and INOX Leisure announced the merger to create the largest multiplex chain in the country with a network of more than 1,5...
PVR-INOX merger gets clearance from BSE and NSEOn March 27 this year, PVR and INOX Leisure announced a merger deal to create the largest multiplex chain in the country with a network of ...
PVR-Inox with a bigger screen presence up for the OTT WarOver the past 12 years, the domestic movie exhibition sector has undergone significant consolidation in an effort to stay profitable as wel...
With merger, PVR and Inox improve chances to stay relevant amid rising OTT pushGiven the high cost involved in adding screens in the range of Rs 5 crore to Rs 14 crore for each screen, a merger with Inox is an effectiv...
What PVR-INOX merger means for investors in the two stocksPVR-INOX merger offers compelling synergy, said CLSA, which has retained a Buy rating on both the stocks.
INOX Leisure zooms 20%, PVR 10% on merger dealThe boards of the two companies in their respective meetings held Sunday approved an all-stock amalgamation of INOX with PVR. Post the merg...
PVR-INOX deal: Analysts say its a 'positive' developmentShares of multiplex players PVR and INOX Leisure surged around 10%-20% on Monday following news of the two companies merging to create a th...
Why Inox may get rerated more compared to PVR following merger“The re-rating specifically is not for PVR, because in the case of some of the metrics, they are already at a premium as compared to Inox w...
PVR, INOX Leisure script mega mergerThe deal, if fructifies, will reshape the country’s film exhibition industry that witnessed its first phase of consolidation over the past ...
PVR-Inox merger deal extraordinarily positive: Sandip Sabharwal“In the next two-three years the returns from the combined entity, PVR-Inox, will be multifold. They will get stronger because of Rs 1,500 ...
Inox Leisure takes cinemas off BookMyShow; PVR, Cinepolis gainBMS challenged the termination of the agreement in the Bombay High Court, which asked both parties on September 18 to start arbitration on ...
- Inox-Fame deal bodes well for entertainment biz: Analysts
Analysts also believe that this deal would make INOX the second largest multiplex player thus overtaking PVR in terms of screens.