December 19, 2019 / 2:09 AM / 2 months ago

Australia's Village Roadshow gets indicative takeover bid for about $517 mln

Dec 19 (Reuters) - Australian theme parks and movie theatre operator Village Roadshow on Thursday said it has received a conditional indicative takeover bid from Pacific Equity Partners for A$761.2 million ($517 million)

The offer of A$3.90 per share represents a premium of 21.9% to Village Roadshow’s last close. ($1 = 1.4736 Australian dollars) (Reporting by Shriya Ramakrishnan in Bengaluru; Editing by Himani Sarkar)

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