We Help Companies Find New Sales Opportunities
Vue Cinemas, the chain of 146 cinemas, is to be acquired by OMERS Private Equity and Alberta Investment Management Corporation of Canada for £935m.
Vue has submitted plans to set up a multiplex cinema at the Buttermarket in Ipswich.
Vue Cinemas is expanding into Germany and Denmark with the acquisition of the Cinemaxx chain of 34 cinemas for £138m.
Vue Cinemas has acquired the Apollo chain of 14 cinemas for about £20m, taking its total number of sites to 85.
Vue Cinemas is to set up a nine-screen cinema at the planned £110m Oval shopping centre in Darlington by 2010.
Vue Cinemas is to set up a 12-screen cinema at the Salubrious Place development in Swansea, with the creation of 70 jobs.