Sale of Singapore investment to help company grow

Sale of Singapore investment to help company grow

07 November 2017 By Melissa Coade

Movie distributor Village Roadshow has announced the sale of its stake in a number movie theatres in Singapore.

Firms: Thomson Geer (Village Roadshow); King & Wood Mallesons (Orange Sky Golden Harvest Entertainment Holdings)


Deal:  Village Roadshow has sold its stake in Singapore movie theatres to Orange Sky Golden Harvest Entertainment Holdings.

 Value: $164 million approx


Area: M&A

Key players: Consultant Peter Nankivell from Thomson Geer led the team advising Village Roadshow. He was supported by partner Peta Thompson, senior associate Lisa Marcus and lawyer Matt Persico.

Deal significance: According to a statement released by Thomson Geer, Village Roadshow will use the proceeds of the sale to reduce its debt levels. Selling its stake in Singapore movie theatres will also allow the company to execute a number of growth strategies. 

“Thomson Geer has acted for Village for many years and we are pleased to have been able to support them on this important strategic transaction,” consultant Peter Nankivell said.

Sale of Singapore investment to help company grow
Intro image
lawyersweekly logo
The Women in Law Awards is the benchmark for excellence, recognising the empowering women influencing the Australian legal profession, celebrating the female leaders, role models and future champions of the industry. Register for the waitlist today for the opportunity to attend this remarkable awards ceremony and network with top legal professionals and fellow peers.