BGH Capital's exclusive due diligence period for its bid for Village Roadshow is likely to be extended, while major shareholder Mittleman Brothers has again increased its shareholding in the theme parks and cinema business.
Sources told The Australian Financial Review the Ben Gray-led private equity firm continued to be highly engaged and working on a transaction, but the COVID-19 pandemic was making work slower than under normal circumstances.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
