On August 7, 2020, Village Roadshow Ltd could be in new hands by November if shareholders approve a BGH Capital takeover offer valuing the Company at $758 million. The Company stated that after months of negotiations with BGH, the Company announced it had agreed for the private equity firm to acquire a controlling interest in the theme park operator. The Company stated that the shareholders are being ­offered up to $2.45 a share, which is partly contingent upon the reopening of the Company’s theme parks and cinemas and Queensland’s borders being open to visitors from NSW and Victoria. In addition, the Company stated that a shareholder vote is expected by November.