Vue Eyes $802M European Cinema Chains

Vue Entertainment is in discussions with European cinema operators for possible acquisitions.

Vue Entertainment is in discussions with European cinema operators for possible acquisitions, Bloomberg reports. The U.K. cinema chain is in talks with four to five operators in a deal valued at around $802 million.

The London-based company was previously seeking to acquire a U.K. or mainland Europe competitor, but later dropped its plans on competition concerns. Vue Entertainment was acquired by private-equity firm Doughty Hanson & Company in 2010.

Click here for the story from Bloomberg.