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Wanda's AMC buys Odeon cinemas

US$1.2b purchase extends Chinese tycoon Wang Jianlin's movie-theatre empire into Europe

Los Angeles

AMC Entertainment Holdings Inc's US$1.2 billion purchase of Odeon & UCI Cinemas Group extends Chinese billionaire Wang Jianlin's movie-theatre empire into Europe while leaving open the fate of its deal for the No 4 US chain Carmike Cinemas Inc.

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