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Wanda in talks to buy European cinema operators

By Huang Ying | China Daily | Updated: 2013-04-09 05:47

Dalian Wanda Group Corp Ltd, one of China's leading property developers and the owner of the country's largest movie theater chain by box office revenue, is in talks to buy a European theater chain, a company spokesman said on Monday.

The move comes several months after the Chinese conglomerate's $2.6 billion acquisition of the United States' second-largest theater chain, AMC Entertainment Holdings Inc, which operates 346 multiplex theaters with more than 5,000 screens in the US and Canada.

The spokesman declined to elaborate.

Wanda in talks to buy European cinema operators

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