News briefs
August 2, 2012
By Staff reports
LVMH-backed fund to invest in PVR
PVR Ltd. said August 1 a private-equity fund sponsored by French luxury goods maker LVMH Moët Hennessy Louis Vuitton has agreed to invest about $19.45 million in the Indian cinema-screen operator and a proposed joint venture combined, according to the Wall Street Journal.
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