IFLR1000

PVR $90 million acquisition of SPI Cinemas

17/8/2018
Private acquisition
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Re 6.33 billion

$ 90.6 million

Announced

17/8/2018

Overview:

  • PVR has acquired a 71.69% stake in SPI Cinemas.
  • Ernst & Young acted as financial adviser to the target.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Entertainment

Firms:
Cyril Amarchand Mangaldas

Party: SPI Cinemas Pvt Ltd (Target)

Lawyers: Akila Agrawal, L Viswanathan, Vandana Sekhri

Shardul Amarchand Mangaldas & Co

Party: PVR Ltd (Acquirer)

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