Eight major Chinese investments in UK since Brexit
Updated: 2016-07-25 18:23
By Dai Tian(chinadaily.com.cn)
5. Wanda acquires Odeon& UCI Cinemas
Deal size: 921 million pounds (8.1 billion yuan)
Date announced: July 12
US theater chain AMC Entertainment Holdings Inc, a subsidiary of Chinese conglomerate Dalian Wanda Group Co Ltd, announced that it has agreed to acquire London-based Odeon & UCI Cinemas Group, Europe's largest cinema operator.
The deal will create the world's largest movie theater chain, enabling Wanda to further improve its cinema network in China, North America and Europe, the company said.
The Odeon Cinema is pictured in Oxford Street, London, Aug 9, 2011. [Photo /IC]