OFT to consider Apollo acquisition by Vue Entertainment

The acquisition of Apollo Cinemas by Vue Entertainment is set to be investigated by the Office of Fair Trade (OFT).

The OFT has announced that it is to consider whether the acquisition has resulted in ‘the creation of a relevant merger situation’ and if it has or may result in the lessening of competition within the UK market.

The acquisition of the Apollo chain of 14 cinemas, announced in May, will add to Vue Entertainment’s 71 cinemas across the UK.