Permira looking to acquire stake in Vue
Permira is interested in backing an MBO of the Vue cinema chain, according to reports.
US hedge fund Och Ziff is said to have been looking for an exit for months. Bank of Scotland Corporate is also a Vue minority shareholder, having backed the €509.91m management buyout of VUE Entertainment in 2006.
The Bank of Scotland stake is now part of the equity portfolio that Lloyds Banking Group partly sold to Coller Capital earlier this week.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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