PVR signed a deal to acquire 39 screens from DT Cinemas (DLF's multiplex arm) which was under consideration by the Competition Commission of India (CCI). CCI has finally given its order and nod to the acquisition subject to some important changes. We highlight them in this post.
The CCI Order has some details, much of which haven't been described in the press. Not all of them are favourable to PVR but they are useful to know and . . .