PVR-Inox - Merger Process On, Business Remains Strong; No Sign Of CCI: Nirmal Bang

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.About three months post announcement of the merger of PVR Ltd. and Inox Leisure Ltd., Securities and Exchange Board of India and the two stock exchanges – National Stock Exchange and Bombay Stock Exchange - have cleared it. The next step is to get clearance from the National Company Law Tribunal, which we think could take another six months. Also, the Competition Commission of India has not raised any objections over the last three months, something the street had feared. Our understanding is that CCI could potentially get involved even post merger, if the merged entity is seen to be abusing its considerable clout within the film exhibition eco-system. This would mean that business practices, especially price increases in its various business segments and landlord-tenant and buyer-supplier relationships cannot be seen to be abused. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

PVR-Inox - Merger Process On, Business Remains Strong; No Sign Of CCI: Nirmal Bang

PVR-Inox - Merger Process On, Business Remains Strong; No Sign Of CCI: Nirmal Bang

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