UGC of France is paying £215m to buy Virgin’s UK and Irish cinema interests.
The media and environmental services group is buying 300 screens at 34 sites.
Virgin has invested about £45m in the chain in the past four years.
Financial Times 19/10/99 page 28
The Times 19/10/99 page 33
The Independent 19/10/99 page 20
The Guardian 19/10/99 page 23