Warburg Pincus which is a leading global private equity firm has announced that its affiliates have acquired an equity stake of approximately 14 percent in PVR Limited which is India’s largest film and retail entertainment company for approximately Rs 820 crore.

The stake has been acquired from affiliates of private equity firm Multiples that will be remaining a long term investor with a 14 percent equity stake.

The present promoters are going to continue to drive the business and will remain the largest shareholders with a shareholding greater than 20 percent.

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