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Corporate - Mergers & Acquisitions


Adlabs board okays stake buy in Prime Focus

Our Bureau

Mumbai , Jan. 22

THE board of Adlabs Films Ltd has approved the acquisition of up to 6 per cent stake in Prime Focus Ltd, a closely held public limited company engaged in providing post-production services - editing, special effects, sound mixing and computer graphics.

As a business arrangement, the company would promote the services offered by Prime Focus Ltd in its product offerings to its clients. According to the company, this backward integration from processing to post-production would enable it to offer an integrated post-production and processing services under one roof and increase its client base.

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