Tag: PVR INOX

Marico to acquire 4700BC parent Zea Maisie from PVR INOX for ₹227 crore

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Marico to acquire 4700BC parent Zea Maisie from PVR INOX for ₹227 crore

Leading multiplex operator PVR INOX said it has sold its premium snacking business operating under the 4700BC brand to home-grown FMCG major Marico in an all-cash deal, having a total consideration of ₹226.8 crore. Marico Ltd said it has signed definitive agreements to acquire 93.27% stake in Zea Maize Private Ltd which owns premium gourmet…

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PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets

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PVR INOX to close 70 non-performing screens in FY25, plans monetisation of real estate assets

 PVR INOX plans to close 70 non-performing screens in FY25. File | Photo Credit: Reuters Leading multiplex operator PVR INOX plans to close 70 non-performing screens in FY25 and will go for potential monetisation of non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, according to its latest annual report. Though…

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