Deal Street

August 31, 2017

SHARDUL AMARCHAND MANGALDAS ADVISES PVR IN $13.46 MILLION AGREEMENT


PVR & Smaaash

It has been said that Smaaash Entertainment, a gaming and entertainment company co-owned by Sachin Tendulkar, has signed a definitive agreement with PVR Ltd. for Rs 86 crores ($13.46 million).

Smaaash entered into an agreement to acquire a 100% stake in bluO entertainment, PVR's JV with Thailand-based Major Cineplex Group B, through a cash acquisition deal.

ANM Global represented and acted as legal advisors for Smaaash Entertainment.

Shardul Amarchand Mangaldas’s (SAM) partner Sourav Kanti De Biswas acted as legal advisor for PVR Ltd.

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