Village Roadshow caught in potential bidding war

January 27, 2020 2:45

A new bidder has emerged for Village Roadshow, with the entertainment company receiving a bid of $4 cash per share from private equity firm BGH Capital.

The bid comes a month after Pacific Equity Partners offered $3.90 per share in its takeover bid in December.

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

Topics

BGH Capital Clark Kirby Graham Burke Pacific Equity Partners Peter Tonagh Village Roadshow

1 COMMENTS

Stephen Fitton 28 Jan 20

The face of movies have changed and DISNEYS input guarantee- 5 Block Buster products at VR latest Superbig Stage now half way through,and the aquisition of the Marvel Franchise,that produced Blockbusters originally was Cloud Funded .(over-rode accepted practices).Puts a new face on Investments of future movies to those Crypto-Wise to invest in Royalty returns after recording an initial -loss,
This extends to the life of the product, Win or loose you are in the winners box. Add in a 25-35% savings advantage against the american dollars(usual source of funding) Fixed low RBA rates 1 and below,
I just might increase my Share Holdings

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