ICICI Securities Ltd | Retail Equity Research PVR Ltd has announced the acquisition of south India based multiplex player SPI Cinemas, a leading exhibitor in South India for an EV of | 1043 crore. The company, in FY18, reported a topline of ~| 310 crore and EBITDA of | 63.3 crore, with margins of 20.4%. It operates in all southern states (major player in Chennai) and also has a presence in Mumbai (five screens). Total number of operational screens are 76 (including four screens each in Hyderabad, Bengaluru to be opened in the next 12...