Village Roadshow Limited - acquisition of Roadshow Distributors Group

Acquirer(s)

  • Village Roadshow Limited

Target(s)

  • Roadshow Distributors Group

Summary

Village Roadshow Limited has obtained full ownership of Roadshow Distributors Group by acquiring Amalgamated Holdings Limited's holding of 50%.

Market definition

The ACCC considered the completed acquisition in the context of the national market for film distribution.

Competition analysis

On 22 August 2007, the ACCC decided to not intervene in the acquisition.

The ACCC considered that the completed acquisition is unlikely to substantially lessen competition in the national market for film distribution because the exit of Amalgamated Holdings Limited from film distribution creates a new non-vertically integrated exhibitor with which film distributors will be able to deal.

Timeline

DateEvent
15/08/2007Village Roadshow Limited obtained full ownership of Roadshow Distributors Group by acquiring the 50% shareholding held by Amalgamated Holdings Limited.
16/08/2007ACCC commences review under the Merger Review Process Guidelines.
21/08/2007Closing date for submissions.
22/08/2007ACCC announced it would not oppose the acquisition.