A yet-to-be-published independent expert's report has declared BGH Capital's takeover offer for Village Roadshow both fair and reasonable, as the cinema and theme park business' largest independent shareholder agitates for the Australian regulator to stop the deal.
The Village Roadshow board is soon expected to release an independent report by Grant Samuel declaring the scheme fair and reasonable ahead of the November 26 vote for shareholders.
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Max Mason covers financial crime, courts 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
