US EditionCanal+ Enters Negotiations To Acquire Minority Stake In UGC With Option To Buy French Cinema Group Outright In 2028
Canal+ plans to expand its influence in French cinema through acquiring a 34% stake in UGC, with potential full control from 2028, pending shareholder agreement.
10 Articles
10 Articles
Canal+ Enters Exclusive Talks to Buy Minority Stake in French Film Studio UGC That Operates Leading Cinema Chain
Canal+ group has entered into exclusive negotiations to buy a minority stake in UGC, a film studio that operates one of France's top cinema chains.
The group reported this Tuesday, September 2nd being in "exclusive negotiations" to enter the capital of the cinema network with the aim of a "possibly takeover" in 2028.
The audiovisual group announced that it had entered into "exclusive negotiations" to become a minority shareholder of the UGC, initially, before taking control of it.
Canal+ Enters Negotiations To Acquire Minority Stake In UGC With Option To Buy French Cinema Group Outright In 2028
France’s Canal+ group announced on Tuesday that it had entered into negotiations with UGC to acquire a 34% minority stake in the historic French cinema company. Following the acquisition of the minority stake, Canal+ would have the option, following agreement with UGC’s shareholders, to take full control of UGC from 2028. UGC is a leading […]
The Canal+ group announced "exclusive negotiations" to enter the capital of the cinema network, with the aim of "possibly taking control" in 2028.
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