M&A Deal Summary

PVR Acquires DT Cinemas

On June 9, 2015, PVR acquired media company DT Cinemas from DLF for 500M INR

Acquisition Highlights
  • This is PVR’s 1st transaction in the Media sector.
  • This is PVR’s 0th largest (disclosed) transaction.
  • This is PVR’s 2nd transaction in India.

M&A Deal Summary
Date 2015-06-09
Target DT Cinemas
Sector Media
Buyer(s) PVR
Sellers(s) DLF
Deal Type Divestiture
Deal Value 500M INR

Target

DT Cinemas

New Delhi, India
DT Cinemas Ltd. operates multiplex chain and started its operations through its first Multiplex at DLF City Centre in Gurgaon with a belief to create a comprehensive retail experience for the Indian Consumers through the best retail entertainment.

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Buyer(S) 1

Buyer

PVR

Gurugram, India

website

Category Company
Founded 1995
Sector Consumer Services
Employees3,648
Revenue 2.8B INR (2021)
DESCRIPTION

PVR is a cinema entertainment company. It currently operates 603 screens in 51 cities in "best in class" locations, serving 75 million audiences annually. PVR was founded in 1995 and is based in Gurugram, India.

DEAL STATS #
Overall 2 of 4
Sector (Media) 1 of 2
Type (Divestiture) 1 of 1
Country (India) 2 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 bluO

Gurgaon, India

bluO is a provider of bowling alley and party destinations for birthday and corporate events. bluO was established in 2009 and is based in Gurgaon, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 bluO

Gurgaon, India

bluO is a provider of bowling alley and party destinations for birthday and corporate events. bluO was established in 2009 and is based in Gurgaon, India.

Sell $14M

Seller(S) 1

SELLER

DLF

Gurugram, India

website

Category Company
Founded 1946
Sector Real Estate
Employees1,939
Revenue 57.1B INR (2022)
DESCRIPTION

DLF primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. From developing 22 major colonies in Delhi, DLF is now present across 15 states-24 cities in India. DLF was founded in 1946 and is based in Gurugram, India.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 1 of 1
Year (2015) 1 of 1
Mergr

Product

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