Says a source, “It will take time for the deal to be struck as initial talks are on. Shah Rukh has evinced an interest in it, but it will take around six to seven months to strike the deal. There are two other parties who are interested, but I think Shah Rukh will most probably get the deal.”

Other sources, however, state that the deal has been done and an announcement will be made by the present owners soon. “King Khan apparently wants to renovate and revamp it and the studio is likely to be renamed,” they add.

According to an insider, SRK was eyeing Mehboob Studios in Bandra as well, but the deal didn’t work out. Mehboob studios is close to SRK’s residence, Mannat.

Looks like SRK, already a owner of a film production unit, an IPL cricket team and a VFX studio, now wants to expand his business.

Courtesy: Mid-day

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