Two investors sell 6.62% stake in PVRWhile Grey Birch Investment sold 2.20 million shares worth 413 crore, Plenty Private Equity offloaded 1.84 million shares valued at 346 cro...
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 ...
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 completes acquisition of 71.6% stake of SPI CinemasSPI Cinemas operates 76 screens across 17 properties in 10 cities under several brands.
PVR hunts for acquisition opportunities, eyes 100 more screensPVR acquired 32 screens of DT cinemas from realty major DLF for a total consideration of Rs 433 crore. PVR at present operates 562 screens.
PVR to raise Rs 350 crore from PE firm, dilute 10.7 per cent stakePVR Ltd said it will raise Rs 350 crore from Indian private equity firm Multiple Alternate Asset Management, which will pick up 10.7 per ce...
PVR-Cinemax merger offers arbitrage opportunities for existing PVR investorsThe proposed merger of multiplex chain operator Cinemax with PVR has opened up an arbitrage opportunity for existing PVR investors.
- PVR Q3 net profit up marginally at Rs 9.13 cr
The company had posted a net profit of Rs 9 crore for the same period of previous year, PVR Ltd said in a filing to the BSE.
PVR acquires controlling stake in Cinemax India; stock up 10%Ajay Bijli-led PVR Ltd surged over 10 per cent in afternoon trade after the company said it has purchased controlling stake in Cinemax Indi...
Cinemax deal too expensive for PVR but synergies will help in long termThe acquisition of the promoters' stake of Cinemax India by PVR - for a consideration of Rs 395 crore appears expensive considering the rep...
- PVR shares hit 52-week high on Cinemax deal
PVR jumped nearly 8 pc to touch a one-year high after the co entered into an agreement with Cinemax to buy 69.27 pc stake in the company.
PVR buys Cinemax promoters' entire stake for Rs 394.98 croreMultiplex chain operator Cinemax today said its promoters will sell their entire stake of 69.27% in the company to PVR for Rs 394.98 crore.
PVR in talks with NBFCs, PE investors to lock Cinemax dealAccording to sources, negotiations with Renuka Ramnath's private equity venture Multiples is believed to have reached an advanced stage.
- PVR Pictures to turn profitable in the next 18 months: Company
PVR Ltd said its wholly-owned subsidiary PVR Pictures will now onwards focus on film distribution which would enable it to turn profitable ...
- PVR promoter Ajay Bijli hikes stake in company
Theatre chain PVR Ltd today said its promoter Ajay Bijli has increased his stake in the company to 5.73 per cent following merger of a grou...
- 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 to raise Rs 120 cr from ICICI Venture, JP Morgan
Cinema theatre chain PVR Ltd on Thursday said it has raised Rs 120 crore by diluting 40 per cent stake in its subsidiary PVR Pictures to pr...