%VIRTUAL-SkimlinksPromo%Multiplex chain Cineworld is to acquire one of Europe's largest cinema operators in a deal that will boost its estate to nearly 2,000 screens.
The proposed tie-up with Cinema City will give it leading positions in Poland, Israel, Hungary, Romania, the Czech Republic, Bulgaria and Slovakia. The cash and shares deal, which is due to complete in March, values Cinema City at around £500 million.
Let us send you our newsletter.
Our editors will email you a roundup of their favourite stories from across AOL