Guy Hands’s Terra Firma Sets Deadline for Odeon Bids, Times Says
By Gavin Finch -
2011-05-29T09:00:42Z
Guy Hands’s Terra Firma Capital Partners Ltd. has set a June 3 deadline for bids for the U.K. cinema chain Odeon, the Sunday Times reported, without saying where it obtained the information.
Private-equity firm BC Partners Ltd. is preparing an offer with the Ontario Municipal Employees Retirement System, a Canadian pension fund, the newspaper said. Hands hopes to sell Odeon for more than 1.2 billion pounds ($2 billion), the Times reported.
To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net
To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net
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