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China’s Wanda buys Britain’s Odeon Cinema Group for $1 Bn

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Chinese conglomerate Wanda, owned by one of the country’s richest men, said Tuesday it had bought the London-based Odeon & UCI cinema group in a deal worth around $1.2 billion. Wanda-owned AMC Entertainment Holdings, the second-largest movie theatre chain in North America, said it had entered into

Source: China’s Wanda buys Britain’s Odeon cinema group for $1 bn