AMC Entertainment (AMC) Completes $1.2B Acquisition of Odeon & UCI Cinemas Holdings Ltd.
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AMC Theatres Becomes Largest Movie Exhibitor in Europe and the World Completing the Acquisition of Odeon & UCI Cinemas Holdings Ltd.
November 30, 2016 8:55 AM ESTLEAWOOD, Kan.--(BUSINESS WIRE)-- AMC Theatres (AMC Entertainment Holdings, Inc.) (NYSE: AMC) (AMC) announced today it has completed its acquisition of the largest theatre exhibitor in Europe, London-based ODEON & UCI Cinemas Holdings Ltd. (ODEON) from private equity firm Terra Firma in a transaction valued at approximately $1.2 billion.
With 244 theatres and 2,243 screens, ODEON is the #1 theatre operator in Europe. With 90 million tickets sold annually, it is also the #1 theatre operator in the UK & Ireland, Italy and Spain; the #2 theatre operator in Austria and Portugal; and the #4 theatre operator in Germany.
Combining both AMC... More
