Acquisition of Emagine Entertainment Theaters by Kinepolis
Sector: Commercial • Location: USA
Source: USA Herald
Kinepolis Group NV, a Belgian theater company, has agreed to acquire Emagine Entertainment's portfolio of 14 theaters with 177 screens and approximately 18,000 seats across Michigan, Illinois, Indiana, and Wisconsin. This acquisition aims to expand Kinepolis's presence in the U.S. cinema market. The deal is valued at $105 million, with a potential additional $15 million based on U.S. box office gr
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Kinepolis Group NV, a Belgian theater company, has agreed to acquire Emagine Entertainment's portfolio of 14 theaters with 177 screens and approximately 18,000 seats across Michigan, Illinois, Indiana, and Wisconsin. This acquisition aims to expand Kinepolis's presence in the U.S. cinema market. The deal is valued at $105 million, with a potential additional $15 million based on U.S. box office growth in 2025. Financing of €100 million ($115 million) has been approved by Kinepolis's banking partners to fund the acquisition, expected to close by the end of 2025. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |