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Actionable news in AMC: AMC ENTERTAINMENT HOLDINGS Inc,

AMC Agrees to Purchase Odeon in Biggest U.K. Deal Post Brexit

  • Purchase of cinema chain gives AMC a foothold in Europe
  • Cash and stock transaction valued at about $1.2 billion

AMC Entertainment Holdings Inc., the U.S. theater chain controlled by Asia’s second-richest man, agreed to buy Odeon & UCI Cinemas Group from Terra Firma for 921 million pounds ($1.2 billion) in cash and stock.

The acquisition by AMC, majority owned by Chinese...


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