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Soros enters race to buy Odeon

Soros Private Equity Partners has been shortlisted to buy Odeon Cinemas from Rank for more than £300m.

Cinven and BC Partners are also known to have got through to the next round. Clear Channel has also shown interest. A preferred bidder could be selected at the beginning of next year.

Odeon has 470 screens in 75 locations.

Financial Times 02/11/99 page 29

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