Shardul Amarchand, Luthra help PVR buy 8 DT cinemas from DLF for Rs 500 cr

Wednesday, 10 June 2015 By Legally India Corporate M&A

Shardul Amarchand Mangaldas advised the PVR cinema chain on buying for Rs 500 crore DT Cinemas from DLF Utilities, which was advised by Luthra & Luthra.

According to its press release, Shardul Amarchand partners Akila Agrawal and Sourav Kanti De Biswas acted for PVR, with senior associate Megha Bhargava, and associates Ishita Khandelwal and Rishab Basu.

They were assisted by competition law partners Shweta Shroff Chopra and Aparna Mehra, senior associate Vivek Agarwal and associate Sakshi Sejwal, guided by managing partner Pallavi S Shroff and senior advisor European and competition law, John Handoll.

Long-standing Luthra client DLF was represented by Luthra partner Samir Dudhoria with associates Ankita Kansil and Akshay Jain. ,

The deal will give PVR an additional 29 screens with 6,000 seats in eight locations in the Delhi area and Chandigarh, in addition to its existing 467 screens in 105 locations.

Shardul Amarchand MangaldasLuthra & LuthraL&L Partners

Comments

guest 10 Jun 2015, 09:46
+0 -3
this is the nth time that Luthra has represented DLF in the sale of DT, many of them to PVR itself. Which one of them should be added and which deleted from the deal charts.
kianganz 10 Jun 2015, 09:59
+3 -0
True - but having a reliable client who does deals and keeps coming back is something firms kill for...

http://www.legallyindia.com/20091117289/Corporate-/-MA/jsa-luthra-close-cinema-mall
http://www.legallyindia.com/201104072004/Corporate-/-MA/how-imax-3d-cinemas-will-come-to-pvr-india-with-luthra-a-luthra
http://www.legallyindia.com/201307173839/Corporate-/-MA/luthra-bmr-book-170m-pvr-bookmyshow-ticketing-contract
Changing Light Bulbs 14 Jun 2015, 08:43
+0 -0
How many competition partners at SAMCO does it take to change a light bulb?

Ans - 4 in this instance!
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