Vue, Europe’s largest cinema operator, will on Friday announce the appointment of a brand new finance chief as its house owners pave the way in which for a strategic assessment which may result in a inventory market flotation.
His arrival will come because the shareholders who took management of the chain in a post-pandemic monetary restructuring put together to discover choices for the enterprise within the subsequent 12 months.
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Whereas no choices have been taken or a proper course of initiated, banking sources imagine Vue is prone to study alternatives for a sale or inventory market itemizing in 2026.
The enterprise was beforehand owned by the Alberta Funding Administration Company (AIMCo) and Omers, two Canadian pension funds.
Mr McArthur will work alongside Tim Richards, Vue’s founder and chief govt.
The group now operates from greater than 220 websites in eight international locations, with near 2,000 screens.
It’s a main participant within the UK, the place it has benefited from the disaster that noticed Cineworld plunged into insolvency proceedings.
Vue has launched a premium large-format expertise referred to as EPIC, which options new imaginative and prescient and sound applied sciences and is designed to distinguish the corporate from rivals, which additionally embody Odeon.
Vue declined to touch upon the potential of a inventory market itemizing or different type of transaction.
