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Displaying articles by tag: Wanda Group
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Sunday, 20 May 2012 20:32

Wanda Group to Acquire AMC Entertainment Holdings, Inc.

Would create the largest global cinema owner

Dalian Wanda Group Co., Ltd. ("Wanda"), a leading Chinese private conglomerate and China's largest investor in cultural and entertainment activities, and AMC Entertainment Holdings, Inc. ("AMC"), a preeminent U.S. movie exhibitor, today announced that they have signed an agreement under which Wanda will acquire AMC, creating the world's largest cinema owner. The transaction is valued at approximately US$2.6 billion. 

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