April
Aussie MMA start-up quietly lists in the US after $9.9m raise
Manly-based Alta Group, which runs a mixed-martial-arts training platform, has debuted on the New York Stock Exchange after raising $US6.5 million.
- Tess Bennett
November 2023
‘It was great newspaper fodder’: Village Roadshow CEO on family bust-up
A family feud threatened to break their hold on the entertainment industry. But the Kirbys are staging an unlikely comeback, albeit with a smaller piece of their empire.
- Primrose Riordan
September 2023
BGH Capital to preview debt markets in $600m Village Roadshow refi
The private equity firm is approaching its third anniversary as owner of the cinema and theme park business, a chunk of which was spent wiling away lockdowns.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July 2023
Gary Weiss, original asset stripper, defends Ardent
It’s said imitation is the sincerest form of flattery. Not that vintage corporate raider Gary Weiss is in any way pleased.
- Myriam Robin
October 2022
- Analysis
- Victorian election
Freehills, Deloitte, the Pratt family abandon Victorian Liberals
Victorian Liberals are being shunned by companies such as Freehillls, Deloitte and prominent Victorians, demoralising a party used to strong links to the elite.
- Aaron Patrick
March 2022
BGH Capital hits $3.6b hard cap for Fund II
Australian buyout firm BGH Capital has raised $3.6 billion for its second fund, BGH Capital Fund II.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
January 2022
Village Roadshow owner loses $36m as lockdowns hit fun parks, cinemas
VRG Holdco group lost nearly $36 million in fiscal year 2021 as the operator of some of Australia’s most well-known theme parks and cinemas struggled with COVID-19 rules.
- Miranda Ward
September 2021
Peter Tonagh not the shy or retiring type
Three years after leaving Foxtel as part of its merger with Fox Sports, Peter Tonagh is a man in seriously high demand
- Myriam Robin
ATO ‘breached’ settlement deed, claims tax whiz Ziegler
Federal Court documents revealed today show a long-running dispute between Village Roadshow’s former finance expert and the ATO.
- Liam Walsh and Neil Chenoweth
April 2021
‘The forgotten ones through this pandemic’: Jamie Pherous
The travel sector is warning that the Morrison and state governments must rapidly repair the vaccine rollout or it will hobble the post-pandemic recovery.
- Lucas Baird and Liam Walsh
- Exclusive
- Visual art
He said, ‘You should invest, I’ll help you out’
When a friend suggested an art investment scheme that returned 20 per cent a year, it seemed an ideal opportunity. But seven years later the claims, like the art, have failed to deliver.
- Gabriella Coslovich
December 2020
Dissenter missing as Court clears Village Roadshow takeover
New York-based fund manager Mittleman Brothers, which has opposed the deal for nearly 12 months, did not make an application to appear.
- Updated
- Max Mason
- Opinion
- Chanticleer
Village Roadshow takeover marks the end of an era
Feuding John and Robert Kirby can act independently at last after Village Roadshow fell into the hands of private equity, largely because COVID-19 killed the cinema.
- Tony Boyd
Village family feud ends with BGH bid
BGH will pay $3 per share for the storied Village Roadshow, which owns and operates Warner Bros Movie World, Wet ‘n’ Wild, Sea World and a chain of Victoria cinemas.
- Updated
- Max Mason
Village is confident of sale to BGH Capital
A successful takeover will put an end to a chapter of the storied Village business, which has been run by the Kirby family for three generations.
- Max Mason
No more: BGH Capital 'best and final' at Village
Private equity firm BGH Capital bid against itself once at Village Roadshow and has no intention of doing it again.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Village Roadshow ride awaits the final turn
If Mittleman Brothers wants to guarantee that BGH fails in its takeover bid for Village, it has to significantly step up its share acquisition before the end of the week.
- Max Mason
Village vows to fight $11m ATO ruling and pending penalties
Village Roadshow's board does not believe the Australian Tax Office's audit can be supported by precedent.
- Max Mason
November 2020
Village Roadshow shares soar on sweetened offer
The offer secured the support of significant shareholder Spheria Asset Management, which had previously declared its intention to vote against the takeover.
- Lucas Baird
BGH bumps Village Roadshow offer
BGH Capital has come to the party at Village Roadshow, in the face of stiff opposition from two renegade shareholders.
- Sarah Thompson, Anthony Macdonald and Tim Boyd