AMC Entertainment Holdings, the world's largest cinema chain, has purchased the biggest cinema chain in northern Europe, Nordic Cinema Group, for $929m. The US-listed AMC, run by China’s richest man, Wang Jianlin, operates 900 cinemas and will own a further 50 through Nordic. Nordic has the largest share of the market in Estonia, Finland, Latvia, Lithuania and Sweden, and owns about 68% of another 68 cinemas.
AMC Entertainment Holdings, the world's largest cinema chain, has purchased the biggest cinema chain in northern Europe, Nordic Cinema Group, for $929m. The US-listed AMC, run by China’s richest man, Wang Jianlin, operates 900 cinemas and will own a further 68 through Nordic. Nordic has the largest share of the market in Estonia, Finland, Latvia, Lithuania and Sweden, and owns about 50% of another 50 cinemas.