AMC Entertainment Holdings Inc - Ordinary Shares - Class A
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Products, Equity Investments, Mergers / Acquisitions
Seven Acquires AMC’s Stake In Saudi; Retains AMC Cinemas Brand Name In Kingdom
Published: 01/31/2023 13:17 GMT
AMC Entertainment Holdings Inc - Ordinary Shares - Class A (AMC) - Seven Acquires Amc’s Stake in Saudi Arabia; Retains Amc Cinemas Brand Name in the Kingdom - Statement.
Under New Agreement, Seven Will Acquire Amc’s Equity Stake in Cinema Business in Ksa to Gain 100 per Cent Ownership.
Will Also Retain Intellectual Property (ip) Rights and the Amc Cinemas Brand Name in the Saudi Market.
Will Continue to Partner With Amc Through a Franchise Agreement, Enabling It to Keep Brand Name of Amc Cinemas.
Under New Agreement, Seven Will Acquire Amc’s Equity Stake in Cinema Business in Ksa to Gain 100 per Cent Ownership.
Will Also Retain Intellectual Property (ip) Rights and the Amc Cinemas Brand Name in the Saudi Market.
Will Continue to Partner With Amc Through a Franchise Agreement, Enabling It to Keep Brand Name of Amc Cinemas.