UK - Bank of Scotland Corporate backs MBO of VUE

Vue Entertainment, the UK's leading developer and operator of state-of-the-art cinemas, was yesterday sold by its controlling private equity shareholders to a management buyout team in partnership with Bank of Scotland Corporate, through its Integrated Finance Team. This transaction sees the sale of the shareholdings of the previous investors, US private equity firms Boston Ventures and Clarity Partners plus Legal & General Ventures, as well as those of individual shareholders.