The bank is backing thecurrent management team in a deal valued about £350m and also is taking aminority stake in the company.
Previous investors BostonVentures, Clarity Partners and Legal & General Ventures have sold theirshareholdings to Vue and Bank of Scotland. Vue's management team, led by CEO
'This is a landmarkevent for Vue Entertainment and is a goal that wehave been working toward for some considerable time," Richards said in astatement. "With the backing of our previous investors, we enjoyed exponentialgrowth and are now in strong position to take the business forward with our newpartners Bank of Scotland Integrated Finance. We are poised to realise ourfurther ambitions for Vue, to ensure the company goesfrom strength to strength, complemented by our strong team and our mission todeliver the best cinema entertainment experience in the
Vue has also acquired five new Village Roadshow multiplexes in
Vue now has 55 cinemas in the