On June 16, 2020, Village Roadshow Ltd has granted BGH Capital more time to undertake due diligence on its operations as part of the $468.5m takeover proposal it laid out. Village Roadshow stated that a process deed with BGH Capital had been amended, with the initial 4 week period extended by 2 weeks to June 30, and a further 2 week available extension if the parties continued to actively pursue the potential transaction. The Company stated that the time extension for BGH was put down partly to the delays that are still affecting takeovers as lawyers and accountants gradually return to work. In addition, the Company stated that the time extension could also provide a window into how cinemas will fare in the wake of the virus as operators, including the Company and rival Event Entertainment and Hospitality, ready to reopen in July.