Just months after grabbing a chunk of the U.S. movie-theater market, China’s Dalian Wanda Group Corp. is moving toward becoming a global power in film exhibition, holding talks to purchase a European chain.
The talks follow Wanda’s $2.6 billion purchase last year of the second-largest U.S. chain, AMC Entertainment Holdings Inc., which has nearly 5,000 screens at 344 locations in the U.S. and Canada.
A Wanda spokesman said the conglomerate has held talks to buy a European chain but declined to provide further details.
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