EVT 2.04% $11.03 evt limited

News: EVT Event Hospitality And Entertainment To Sell German Unit To Vue International Bidco PLC

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    Oct 22 (Reuters) - Event Hospitality and Entertainment Ltd (EVT) :

    • ENTERED AGREEMENT FOR SALE OF GERMAN CINEMA EXHIBITION DIVISION, CINESTAR, TO VUE INTERNATIONAL BIDCO PLC
    • DEAL FOR AN UPFRONT PAYMENT OF EUR 130 MILLION & VARIABLE CONSIDERATION OF UP TO EUR 91.8 MILLION
 
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