The Great Escape ; How Resurgent Cinema Ticket Sales and a Pounds 1.2bn Bid for Odeon & Uci May Save Guy Hands From the Brink of Disaster
Mail on Sunday › April 10, 2011
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Summary
IN the box office smash film Toy Story 3, hero Woody is about to be burnt in a furnace before he escapes in the nick of time. Now Britain's biggest cinemaowner, controversial financier Guy Hands, looks set to pull off the financial equivalent.
His reputation was shredded by the EMI debacle in which the music business he owned through his Terra Firma investment vehicle was seized this year by its bank, Citigroup, after loan agreements were broken.See the full content of this document
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The Great Escape ; How Resurgent Cinema Ticket Sales and a Pounds 1.2bn Bid for Odeon & Uci May Save Guy Hands From the Brink of Disaster
But Terra Firma could be about to bounce back and reap a profit of more than Pounds 300 million after receiving a bid for the Odeon & UCI Cinemas Group that is understood to value the business at about Pounds 1.2 billion.
It is the biggest cinema ...See the full content of this document
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