Zomato to acquire Paytm’s movie ticketing, events biz for Rs 2,048 crore

ET reported on June 16 that Zomato is looking to acquire Paytm’s movie booking and events unit -- in a deal that may value Paytm’s vertical at around Rs 1,600-1,750 crore. Paytm also confirmed discussions regarding the potential transfer of its entertainment business in an exchange filing, saying that all discussions are preliminary and non-binding at this stage.
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