Ardent Leisure has responded to suggestions it is in talks to sell its US-based Main Event business to an American rival, saying it is not “currently” in discussions in relation to a sale.
The response came after DataRoom reported on Tuesday that Ardent has had discussions with at least one group about a sale in recent times, and that speculation was mounting talks were underway.
Ardent’s business consists of the Main Event Entertainment division in the US and its Australian theme park operations. The company has sold off its Australian-owned bowling alleys, gyms and marinas in recent years.
Discussion has remained in the market for some time about a possible divestment of the division, which would leave the to focus solely on running its theme park operations in Australia.
“Ardent confirms that it is not currently in discussions in relation to a sale of Main Event Entertainment,” the company said in a statement to the market Tuesday.
The Texas-based Main Event chain has 42 family entertainment centres in 17 states featuring billiards, bowling, arcade games, laser tag, rock climbing, mini golf and karaoke.
Its earnings before interest, tax, depreciation and amortisation for the year were $31.9m for the 2019 financial year.
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