Batman and Robin figures at the DC Comics Superstore, WB Movie World

Australia: Village Roadshow agrees to takeover talks

Theme parks and cinema operator Village Roadshow has agreed to exclusive negotiations with private equity firm BGH Capital after a caveat-heavy takeover offer of up to $468.5 million. The preliminary agreement announced on Monday morning puts an end to months of takeover speculation and competing bids for the troubled entertainment provider, which has endured a 55 per cent plunge in its share price since February, as the coronavirus pandemic forced it to cease virtually all operations. As a result, the $2.40-per-share acquisition proposal is significantly lower than the initial $4-per-share…

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Queensland Performing Arts Centre (QPAC) in Brisbane, Australia – exterior CGI

Architects selected for “biggest investment in Qld arts infrastructure”

Architecture firms Snøhetta and Blight Rayner have won an international competition to design an AU$150m (US$103.8m, €90m, £81.4m) theatre for the Queensland Performing Arts Centre (QPAC) in Brisbane, Australia. Set to open in 2022, the pivotal facility, which will turn QPAC into the largest performing arts centre in Australia, will feature two studios, foyer spaces, and an expansive glass façade. “The building will glow by night and sparkle by day with just a glimpse of the glass visible from the city side,” explained Queensland Government Architect Chair, Malcolm Middleton. “It…

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The Star Gold Coast

Fourth hotel/apartment tower at The Star Gold Coast fast-tracked

Australia’s Star Entertainment Group has revealed it will fast track development of a fourth tower of The Star Gold Coast as part of the property’s ongoing AU$850 million makeover. Construction on the tower, set to stand 215 meters tall, will now start in 2020 with apartment pre-sales to begin as early as next month. It will also house a 5-star hotel, restaurants and bars, a day spa and night time entertainment venues. “This latest hotel tower will further progress the internationally-competitive resort facilities we are offering to domestic and international…

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