Our EU Competition Law team led by Kiran Desai and assisted by Margarita Peristeraki and Manu Mohan is advising Vue International on the competition law aspects of its acquisition of Cinestar, a leading cinema circuit in Germany. The deal has a potential value of €221.8m. Vue holds a significant position in the industry and operates Vue Entertainment in the UK & Ireland, CinemaxX in Germany, Space in Italy, Multikino in Poland, Latvia and Lithuania, Vue Nederland in the Netherlands and SBC in Taiwan.
EY colleagues in other offices – Marcus Mayer, EY Law Germany and economists Ferdinand Pavel and Lars Knuth, EY Transaction Advisory Services, Germany are also assisting. In addition, members of EY’s Global Delivery Service – Tax and Law, based in India, are assisting with data analytics. See press release from Vue International here.