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10/06/2013
Private Equity Firm Buys Vue Cinema Chain
The Vue cinema chain has been sold for £935 million to a private equity firm in Canada.
OMERS Private Equity and Alberta Investment Management bought the chain of 146 UK and European cinemas from Doughty Hanson, who had bought the chain in 2010 for £450.
It is understood that the cinema’s current management will remain in place, and it is expect the chains recent expansion will continue.
(MH/CD)
OMERS Private Equity and Alberta Investment Management bought the chain of 146 UK and European cinemas from Doughty Hanson, who had bought the chain in 2010 for £450.
It is understood that the cinema’s current management will remain in place, and it is expect the chains recent expansion will continue.
(MH/CD)
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