Mer­lin plan to ex­pand

Townsville Bulletin - - Investor -

THE UK pri­vate equity group be­hind the pur­chase of Syd­ney At­trac­tions Group plans to list on the Lon­don Stock Ex­change and ex­pand its port­fo­lio in Aus­tralia and Asia. Mer­lin En­ter­tain­ment Group’s $ 115 mil­lion pur­chase of Vil­lage Road­show Ltd’s Syd­ney At­trac­tions sub­sidiary was com­pleted at the start of this month, seal­ing the Euro­pean group’s en­try into the Aus­tralian mar­ket. Mer­lin boss Nick Var­ney said the group was now fo­cused on ex­pand­ing its Sea Life aquar­ium brand, bring­ing Madam Tus­sauds to Syd­ney and ac­quir­ing ‘‘ clus­ters’’ of at­trac­tions in prox­im­ity. ‘‘ We’re say­ing the area clearly where it’s all hap­pen­ing is the Asi­aPa­cific re­gion,’’ he said.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.