London, UK — Reuters reports on the initial public offering be considered for either New York or London:
“Merlin Entertainments Group, the private-equity backed owner of Madame Tussauds and Legoland, is preparing to go public in either London or New York and has been meeting with potential investors, its chief executive said on Wednesday.
“The world’s second largest visitor attraction operator behind Walt Disney, had revenue of over one billion pounds for the year to Dec. 29 2012, and was valued at 2.25 billion pounds ($3.41 billion) in 2010 when private equity firm CVC Capital Partners bought a stake.
“‘We are definitely now considering our options,’ Chief Executive Nick Varney told Reuters, adding a sale would allow it to pay down debt of 1.27 billion pounds as at the end of December, and help fund expansion in the U.S and Asia.
” . . . Merlin, owned by the Danish investment company Kirkbi A/S that controls Lego Group, and private equity firms Blackstone Group and CVC, put off plans for a listing in 2010 due to jittery markets.
” . . . Late last year Seaworld Parks and Entertainment, also backed by U.S. private equity company Blackstone, filed with U.S. regulators for an initial public offering.
” . . . The group opened seven new attractions in 2012, taking it to almost 100 over four continents, and will open another six this year including a Sea Life centre in Manchester, England and Legoland discovery centre in New York.”
Comments Off on LEGOLAND Florida Resort to kick off 10th Anniversary celebration with high wire walk by Nik Wallenda
Comments Off on AOA selected by ENR as one of 100 top construction management/project management firms
Comments Off on ProSlide: Slides of the times
Comments Off on Merlin Entertainments announces construction of LEGOLAND Shanghai Resort scheduled to begin in 2021
Jan 18, 2021 Comments Off on JRA designs new children’s museum in Wisconsin
Jan 18, 2021 Comments Off on Legacy Entertainment designing massive LBE for Beijing Enlight Media
Jan 17, 2021 Comments Off on IAAPA moves 2021 Asia Expo to Shanghai in August
Jan 15, 2021 Comments Off on Museum of Illusions added to ICON Park Play Pass
Dec 29, 2020 Comments Off on Cedar Fair seeks Corporate Director, CommunicationsThe position will lead strategy development and execution...
Dec 28, 2020 Comments Off on Pursuit seeks Financial Analyst, FP&AThis role will focus on all aspects of financial planning...
Dec 26, 2020 Comments Off on AOA seeks Show Set DesignerThere will be a great deal of freedom, which will be...
Dec 09, 2020 Comments Off on Visualization firm THE THIRD FLOOR has openings for a variety of positionsTHE THIRD FLOOR is currently seeking Postvis Generalists,...
Dec 09, 2020 Comments Off on CineVenture seeks 3D character animatorCineVenture develops high-end content for the global...