January 29, 2018 / 10:43 AM / 6 months ago

BRIEF-India's Inox Leisure Buys 50 Pct Stake In Swanston Multiplex Cinemas

Jan 29 (Reuters) - Inox Leisure Ltd:

* SAYS APPROVED ACQUISITION OF 50 PERCENT STAKE IN SWANSTON MULTIPLEX CINEMAS PRIVATE LIMITED (SMCPL)

* SAYS ON COMPLETION OF ACQUISITION, SWANSTON MULTIPLEX CINEMAS TO BECOME UNIT OF CO

* PROPOSED TO MERGE SMCPL WITH CO Source text - bit.ly/2FpfwP8 Further company coverage:

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