Chinese Company To Buy Cinema Chain Amc

A Chinese conglomerate announced Monday it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.

BING NEWS:
  • Chinese Movie Chain Sees Weak Box Office as Chance to Buy Rivals
    Read about Wanda’s plans to buy rivals amid the box office slump. Billionaire Wang Jianlin, China’s second-richest person and Wanda’s founder, has been among the more prominent investors. Wang has used acquisitions to build his cinema chain into the ...
    02/22/2017 - 1:38 pm | View Link
  • China’s Richest Man’s $1 Billion Buy of Dick Clark Productions May Have Fallen Apart
    Chinese conglomerate and cinema chain operator Dalian Wanda ’s proposed ... said in early November that it would buy all of Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants. The deal collapsed over problems ...
    02/20/2017 - 6:29 pm | View Link
  • Chinese conglomerate to buy Swedish cinema chain
    A Chinese company said it will buy up SF Bio, Sweden's largest cinema chain, the company announced in a press release. The Wanda Group said daughter company AMC Theatres will buy Nordic Cinema Group for SEK 8,250 million. Nordic Cinema Group owns SF Bio ...
    01/24/2017 - 2:44 am | View Link
  • Chinese billionaire front of queue to buy Odeon cinema chain
    A takeover by the Chinese giant would bring Odeon under the same umbrella as 5,000-screen-strong US chain AMC, which Wanda bought for £1.7bn (£1.1bn) including debt three years ago. This year it also acquired the 450-screen Australian cinema company ...
    09/26/2015 - 8:01 am | View Link
  • Chinese cinema owner seeks to buy stake in Lionsgate studio
    Chinese billionaire Wang Jianlin, who owns China's biggest cinema chain, is looking to buy the parent of Lionsgate ... Buying a well-known U.S. company will help our distribution overseas.” Lionsgate, MGM and Wanda all declined to comment.
    12/1/2014 - 11:01 pm | View Link
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