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Village Roadshow

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Umbrellas were used to shield stranded passengers on the Leviathan ride at Sea World when it malfunctioned on Friday, January 13.

Sea World ride comes to a halt, passengers trapped mid-ride

Passengers were stuck on the ride on the same day the funeral for pilot Ash Jenkinson was being held.

  • Jocelyn Garcia and Cloe Read

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Village Roadshow’s theme parks including Wet ‘n’ Wild reported a bumper Easter after a horror two-year run thanks to the pandemic.

Village Roadshow’s owners tip bumper year after earnings rollercoaster

The ailing theme parks and cinema business appears to have finally shrugged off the COVID blues and is pointing to a bumper 2023, and not before time for its new private equity owners.

  • Sarah Danckert
Village Roadshow’s theme parks including Movie World (pictured) and cinemas have been battered by COVID-19 restrictions over the past two years.

Village Roadshow trapped on COVID-19 rollercoaster

The owner of Village Roadshow says its ongoing viability hinges on the Omicron wave not triggering new restrictions on its cinemas and theme parks, after COVID-19 inflicted another heavy loss on the group.

  • Patrick Hatch
BGH Capital founder and former TPG Capital country head Ben Gray.

Village Roadshow saga close to over with revised takeover bid on the brink of success

BGH has hit several snags along the way in its attempt to buy the owner of the Wet n' Wild and Seaworld theme parks.

  • Zoe Samios
The rollercoaster continues: BGH Capital ups its offer for Village.

New Village people trio set to replace tired Kirby bros act

Unclip the restraints and disembark the cars - the Village Roadshow investor ride is almost over.

  • Elizabeth Knight
Village Roadshow shareholders will vote on a takeover by BGH Capital next month.

Village Roadshow suitor breaks investor deadlock with sweetened deal

A private equity offer for Village Roadshow is back in play after an increased offer from BGH valuing it at $586 million received support from one of the institutional investors blocking the deal.

  • Colin Kruger
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The bids for Village Roadshow value the group at $2.32 and $2.20 a share.

BGH Capital to lift Village Roadshow takeover offer

Melbourne-based private equity firm BGH Capital has lifted its bid for cinema, film and theme parks operator Village Roadshow after encountering resistance from shareholders.

  • Zoe Samios
The rollercoaster continues: BGH Capital's offer to buy Village Roadshow could be in jeopardy.

Setback for BGH's Village Roadshow takeover as second shareholder revolts

Village Roadshow takeover is highly unlikely after the company's second largest independent shareholder revealed intentions to vote against the proposal.

  • Zoe Samios
The attempted takeover of Village Roadshow is looking less likely because of a US-based private equity firm.

Rebel Village Roadshow shareholders intensify efforts to block BGH takeover bid

US-based hedge fund Mittleman Brothers is trying to single-handedly block a takeover of Village Roadshow.

  • Zoe Samios
A performer welcomes guests at Warner Bros. Movie World in July this year. Movie World reopened to the public with extra safety and hygiene measures in place following its temporary closure on 23 March 2020 due to the COVID-19 pandemic.

Open theme parks unlock value for Village Roadshow bid

Village Roadshow says the successful public opening of its theme parks will trigger a lift in suitor BGH's offer price to $2.32 per share, but no additional contingent payments are on the cards.

  • Colin Kruger

Original URL: https://www.watoday.com.au/topic/vrl-1mi