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PVR, Inox Leisure agree for merger in the ratio 3:10 , will become India's largest chain. Merger subject to approvals
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
#INOXLEISUR is the 2nd largest multiplex player in India with 79 properties, 310 screens & 83,809 seats with 15% Bollywood and 25-30% Hollywood market share.
#PVRInox #PVR #INOXLEISUR
#PVRInox #PVR #INOXLEISUR
#PVR currently operates 860 screens at 179 properties in 73 cities in India & Sri Lanka. It has formats in the premium screen category, including Director's Cut, LUXE, Sapphire, IMAX, 4DX, P[XL], Playhouse and PVR Onyx across the country.
#pvrcinemas #PVR #PVRInox
#pvrcinemas #PVR #PVRInox
