04 Feb, 2010

Inox buys Fame Cinemas' promoter stake for Rs 66 cr

Inox Leisure acquired a 43.28 per cent stake in Fame Cinemas from its promoter, Mr Shravan Shroff, on Wednesday for Rs 66.48 crore in an all-cash deal. Inox is, consequently, the country's second largest multiplex operator after BIG


Source: The Hindu Business Line