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Vue sets out ambitions to open 20 more cinema sites

Vue Entertainment aims to add another 20 new cinema sites to the chain by the end of 2008.

Britain’s third-biggest cinema chain is expected to announce a £400m management buyout this week.

The company expects to complete a £25m leisure complex in Eastleigh, Hampshire in the spring of 2008.

Another chain, Cineworld, plans to use a £450m Stock Exchange listing next month to raise funds to build new cinemas at a rate of about three a year.

References: The Times 23/05/06 page 52

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