MoneyWorks4Me

DLF in talks with PVR to sell DT Cinemas: Report

20 May 2015 Evaluate

DLF is reportedly in advance talks with PVR to sell DT Cinemas, its wholly-owned subsidiary which owns theatre screens in and around Delhi. This would be PVR’s second attempt to acquire DT Cinemas after 2009, when it entered into definitive agreement with the DLF Group. That deal called off due some legal issues.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.

 

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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