Chinese conglomerate Wanda Puts the Brakes on, which plans to spend $30bn on acquisitions this year, including $1.1bn for leading European cinema chain Odeon / UCI, faces a number of hurdles on its way to global dominace: 1) Theatrical over-expansion 2) Theme park troubles 3) Money-losing movie production 4) Restructuring roadblocks, and 5) Anti-trust concerns.
Chinese conglomerate Wanda, which plans to spend $30bn on acquisitions this year, including $1.1bn for leading European cinema chain Odeon / UCI, faces a number of hurdles on its way to global dominace: 1) Theatrical over-expansion 2) Theme park troubles 3) Money-losing movie production 4) Restructuring roadblocks, and 5) Anti-trust concerns.