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UK's Cineworld to Buy Cineplex to Create North America's Largest Theater Chain

Combined Company Would Trail Only US-Based AMC on Global Basis
Cineplex has 165 theater locations in greater Toronto. (Getty Images)
Cineplex has 165 theater locations in greater Toronto. (Getty Images)
CoStar News
December 16, 2019 | 11:14 P.M.

Canada's leading movie theater chain is getting bought by the United Kingdom's Cineworld Group in a deal valued at 2.8 billion Canadian dollars, or 2.13 billion in U.S. dollars, to create the world's second-largest cinema business behind only US.-based AMC Entertainment Holdings.

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