Business Services Industry
Village fishes for takeover.
Australasian Business Intelligence, July, 2007
Byline: Scott Rochfort
Jul 16, 2007 (The Age - ABIX via COMTEX) -- Village Roadshow is approaching the 20% ownership level that would compel it to launch a takeover offer for Sydney Attractions Group. Village has spend $A6.6m increasing its stake in the company, which operates Wildlife World and Sydney Aquarium, from 14.93% to 19.96%. Village spokesman, Mark Rudder, described its stake in Sydney Attractions as a long-term strategic investment. The chair of Sydney Attractions, Bill Wright, said he has been assured by Village that it does not plan to launch a takeover.
Publication Date: 16 July 2007
VILLAGE ROADSHOW LIMITED - ASX VRL
SYDNEY ATTRACTIONS GROUP LIMITED - ASX SAQ
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