Vue cinema chain sold for £935m

The backers of cinema chain Vue have reaped the benefits of a two-year expansion drive by selling the business for £935 million.

Under private equity firm Doughty Hanson, Vue Entertainment has grown from 70 cinemas at the time of its takeover in December 2010 to 146 across Europe. The number of screens has risen from 678 to 1,321.
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