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Mumbai: The all-stock merger between two of the country’s largest multiplex chains PVR and Inox Leisure announced earlier this week has been reckoned as positive for the industry on all counts. Led by PVR’s Ajay Bijli as MD, the combined entity PVR-Inox will have an invincible size advantage with its 1546 screens across 341 in 109 Indian cities, against Carnival and Cinepolis’ ....
Sources say two options are being examined – a merger where Cinepolis India is still a strategic investor in PVR or a complete buyout of Cinepolis India by PVR. ....