PE-backed Vue prepares bid for Nordic Cinema Group: Reuters
British cinema operator Vue Entertainment is preparing a bid for Nordic peer Nordic Cinema Group, majority-owned by listed Swedish private equity firm Ratos, Reuters reported citing a story by The Sunday Times. Citing analysts, The Sunday Times said Nordic Cinema could be worth between 350 and 400 million pounds (US$617 million). Vue has been a portfolio company of OMERS Private Equity and Alberta Investment Management Corp since 2013.
2 March 2015•1 min read
