The Hindu : International : Tussauds sold to Dubai firm

Online edition of India's National Newspaper
Friday, Mar 25, 2005

International

International

Tussauds sold to Dubai firm

LONDON, MARCH 24. The Tussauds Group, owner of the famous Madame Tussauds waxwork museums housing images of world celebrities including Bollywood stars Amitabh Bachchan and Aishwarya Rai, was sold for £800 million today to an investment firm backed by the Government of Dubai.

Dubai International Capital, a private equity group set up in October, pledged to continue the international expansion of the Tussauds group, which has already broadened its empire from its London base. The group now also has waxworks museums — housing images of celebrities, sports stars and politicians — in New York, Las Vegas, Amsterdam and Hong Kong. Tussauds was founded in 1802 after Madame Tussaud brought to London a waxwork collection that she had inherited in Paris. After touring the country with the exhibition for 33 years, she set up a museum in London. — AP

Printer friendly page
Send this article to Friends by E-Mail

International

News Update

Stories in this Section

Protests bring down Kyrgyz Government

Iraqi backlash has an echo in U.K.

Baloch talks "useful"

Refinery blast cause not known

Registrar jittery over royal wedding

Cheney defends posts for Bush loyalists

Tussauds sold to Dubai firm

Rare book for Italy

Iran for nuclear talks

Mubarak's son not in race

Kyrgyz Govt. falls

U.S. Supreme Court rejects appeal in Terri Schiavo case

Bollywood awards function in London