Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Event Hospitality and Entertainment Requests for Arbitration Filed Against Vue

25 May 2022  |  08:51:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Request for Arbitration filed against Vue

Event Hospitality and Entertainment provided an update regarding its ongoing dispute with Vue Nederland B.V. and Vue International Bidco (Vue) in relation to the sale of the Group's German cinema operation (Cinestar) to Vue under a Sale and Purchase Agreement (SPA). As previously announced to the market, the Group's position is that Vue had unilaterally failed to take certain steps under the SPA which were necessary to meet a condition imposed by the German Federal Cartel Office (FCO), as a result of which the sale as notified had become a prohibited transaction.

Please click here for full details

See more ASX300 News Announcements