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Universal Studios will receive the control over Spanish Port

				
				
				
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   Universal Studios will receive the control over Spanish Port
Aventura.
   Acquisition of the thematic park second in Europe becomes
Part of new strategy of the company.
   British media group Pearson declared sale
Belonging to its division Tussauds Group Ltd. The large
Share holding of popular Spanish park of attractions Port
Aventura. 37 % of actions will pass to Canadian company Seagram
Co., more precisely, it los-andzhelesskomu to division Universal
Studios, 3,5 more % will be bought by Barcelonian savings bank La
Caixa which 33,5 % of actions of park already own. The others
Shareholders of an entertaining complex near Barcelona are
Anheuser Busch Cos. (The American company operating
Thematic parks Sea World and Cypress Gardens in the USA) -
20 % and Spanish power company Fuerzas Electricas de
Cataluna SA., to which posesses the remained 6 %.
   The transaction estimated in 40 million of pounds sterling ($66,9 million),
Will allow Universal Studios to take completely in hand
Management of the company, including working out and realisation
Development programs. Change of the owner will be reflected in the name
Park - henceforth it will be known as Universal's Port
Aventura.
   For los-andzhelesskoj the companies acquisition of the second in Europe
Park of attractions (in 1997 Port Aventura has visited 3 million
The person) is only a part of the general strategy of its expansion
Interests in show business. Company intention to strengthen
The positions in this kind of business, especially outside of
The American continent, the president has confirmed and
Chief executive Universal Studios Frenk biondi. In
Present time is conducted building of thematic park in
To Osaka, the company plans to create one more park in Beijing.
   Under control of Universal Studios Spanish park,
800 hectares stretched in territory on the Mediterranean
Coast of northern Spain, serious changes wait. The first
The reorganisation phase is calculated for 5 years and means
Expansion of the existing areas, building of the new
Attractions and three new hotels. Further it is supposed
Building of new park with new routes, shops,
Cinemas, athletic fields. About planned scales
Investments into this project the company while holds back.
   Simultaneously with the message on share sale in Port Aventura
Company Pearson has confirmed the intention to get rid from
Tussauds Group Ltd. (The company operating the well-known museum
Wax figures Madame Tussaud in London), thematic park
Alton Towers, and also the London planetarium.
   OLGA KUCHEROVA.
//* an information Source: Russian telegraph, 24.06.98
//* Reg. Nom. - 1080600187.47-------------------------------------------