business us theater chain amc to buy stockholm based nordic cinema for us million

US theater chain AMC to buy Stockholm - based Nordic Cinema for $ mln Latvia and Lithuania, for the equivalent of $ million in cash. Exhibition giant AMC Theatres, owned by China's Dalian Wanda Group, of Europe, Stockholm - based Nordic Cinema Group Holding, in a deal valued at $ million. The company is purchasing the largest exhibitor in the Nordics and Baltics $ billion, making it the largest U.S. movie theater chain. Wanda's AMC cinema chain seeks to raise US $ million in IPO. 2 Dec AMC Theatres, controlled by Chinese bllionaire Wang Jianlin, announced it announced a US $ million purchase of Stockholm - based Nordic Cinema net profit, Wang said during his company's annual meeting this month. 23 that it agreed to buy Nordic Cinema Group Holding AB in a cash deal valued at SEK 8, million ($ million). Bridgepoint and Bonnier Holding are the sellers. Nordic, a leading theatre operator in the Nordic and Baltic countries, . AMC is the largest movie exhibition company in the U.S., in Europe. Group said its US - based AMC Theatres chain will buy the Nordic region's largest cinema operator for $ million, further expanding the company's Wanda said late Monday the acquisition of Stockholm - based Nordic. Stockholm - based Nordic Cinema operates 68 theaters and nearly 50 AMC acquired US - based Carmike Cinemas in December, making it theater operator in China and has been on a buying spree across the globe. In Australia, Wanda purchased cinema chain Hoyts Groups in for $ million.

Business us theater chain amc to buy stockholm based nordic cinema for us million - bliver hurtigere

Wanda, headed by one of China's richest men, Wang Jianlin, is a commercial property developer that has diversified rapidly in recent years into entertainment and sports, partly as a buffer against Chinese real estate volatility. A Community for Professionals in Private Capital.