You will be redirected back to your article in seconds

SFX invades Europe with Apollo buy

Clayman part of package

NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million.

Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the London Apollo Hammersmith Theater, all in London. Company will open Disney’s “The Lion King” at the Lyceum in September. Apollo also owns Tickets Direct, a system that handled some 6 million ducats in 1998.

Clayman included

As part of the transaction, it will acquire the Barry Clayman Corp., which is 50% owned by Apollo shareholders and promotes concerts and entertainment events in the U.K. and throughout Europe.

Apollo is “a great entry point for us into the European market,” said SFX chairman and CEO Robert Sillerman.

SFX said it will pay in loan notes and stock.

Separately, SFX filed with the SEC to sell 7.5 million shares of common stock.

More Biz

  • Jon Stewart Helps Rescue Goats That

    Jon Stewart Helps Rescue Goats That Captured New York's Attention

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • Manuela Herzer

    Manuela Herzer Cites CBS-NAI Fight in Renewed Bid for Sumner Redstone Competency Ruling

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • A trading post sports the Spotify

    Sony Music's $750 Million Spotify 'Windfall' Leaves Some Lingering Questions

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • Harvey Weinstein, with his attorney Benjamin

    Harvey Weinstein's Attorney Blasts Asia Argento's 'Hypocrisy'

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • Asia Argento arrives for the screening

    Asia Argento Is Not Facing Sexual Abuse Investigation

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • Rose McGowan Asia Argento

    Rose McGowan on Asia Argento Accusation: 'My Heart Is Broken'

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

  • Actress Asia Argento speaks about being

    Asia Argento Settled With Sexual Assault Accuser Last Year (Report)

    NEW YORK — Fast-growing SFX Entertainment is launching into the European market, announcing Tuesday that it plans to acquire the U.K.’s Apollo Leisure Group in a deal worth $254 million. Apollo operates three arenas in the U.K. and Ireland and owns or operates 23 theaters, including the Apollo Victoria Theater, the Lyceum Theater and the […]

More From Our Brands

Access exclusive content