Summary
CINEMA operator Cineworld has unveiled its first overseas expansion after agreeing to buy Spain's fifth-biggest movie chain.
Cineworld, which has 78 sites in the UK, is to buy Cinesur Circuito Sanchez-Ramade for an undisclosed sum. Cineworld believes Cinesur, which has 136 screens in its 11 multiplex sites, has the potential to expand further because the Spanish market is largely serviced by smaller operators.See the full content of this document
Extract
Cineworld Snaps Up Spanish Cinema Chain
Chief executive Stephen Wiener said the Spanish watch nearly...
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