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    dailyadda

    PVR INOX to sell snacks business to Marico

    13 hours ago

    PVR INOX is divesting its premium snacking business, 4700BC, to FMCG major Marico for Rs 226.8 crore in an all-cash deal. This strategic move aims to reduce debt and sharpen the company's focus on its core cinema operations. The transaction is expected to be finalized within 30 days.
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