
Village Roadshow has entered into takeover talks with BGH Capital to acquire the cinema and theme park owner for between $429.4 million and $468.5 million.
The Melbourne-based private equity firm would pay at least $2.20 a share and up to $2.40 a share if Village Roadshow’s Gold Coast theme parks and cinemas have reopened by the time shareholders meet to approve the transaction.
That is a premium of between 25 per cent to 36 per cent from Village Roadshow’s closing price on Friday.
Be the first to comment