Dalian Wanda pays a record $2.6 billion for AMC Entertainment

The acquisition of AMC Entertainment in the US by Dalian Wanda is the biggest-ever overseas purchase by a Chinese private company, and will create the world’s largest cinema owner.

Dalian Wanda pays a record $2.6 billion for AMC Entertainment

Dalian Wanda Group, a Chinese conglomerate, has agreed to pay $2.6 billion for AMC Entertainment to create the world’s biggest cinema owner.

The deal is the biggest MA transaction in the leisure and recreation sector so far this year, and is another indication of closer ties between the US and Chinese movie industries, coming a week after News Corp’s purchase of a 19.9% stake in distributer Bona Film last week.

“A...

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