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Authum Investment & Infrastructure Mumbai: A consortium of Inox Neo Energies and Authum Investment & Infrastructure is set to buy the assets of bankrupt Wind World for an estimated Rs 1,800-1,900 crore, after the committee of creditors approved its resolution plan . Under the plan, Inox Neo will acquire Wind World’s 600 MW wind power…
New Delhi: PVR INOX on Monday said it will divest its premium snacking business under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, a move aimed at reducing debt and sharpening focus on its core cinema operations. PVR INOX expects this deal to “be completed within 30…
Multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, as part of a strategic move to monetise non-core assets and strengthen its balance sheet.The PVR INOX board approved the divestment of its…
