M&A

M&A

Multiplex chains PVR, Cinepolis India in advanced merger talks

Economic Times  

Multiplex chain PVR and the local unit of Mexican company Cinepolis are in advanced merger talks. The deal, if it goes through, will result in the combined behemoth owning more than 1,200 screens. The number of screens run by the next biggest entity, INOX Leisure, is just about half of what the merged company would operate.