PVR leads race to acquire Wave Cinemas: Reports
India's largest multiplex chain PVR Cinemas is the frontrunner to buy North India-focussed Wave Cinemas in a deal valued up to â¹450 crore, according to reports. Wave Cinemas operates 46 screens across 12 properties in cities including Noida, Lucknow and Chandigarh. This comes just two weeks after PVR completed the acquisition of 71.6% stake in South India-based SPI Cinemas.