AMC to Seek IPO for Odeon Cinemas Group in 2018-2019 – BREAKING NEWS – Celluloid Junkie

posted in: All News, CTM News, Odeon | 0

AMC has confirmed that it will seek a stock market listing for its Odeon Cinemas Group in 2018-2019. The announcement was made by AMC CEO Adam Aron during the Q3 2017 Results – Earnings Call with investment analysts on 6 November. The IPO would take place at the London Stock Exchange (LSE) between July of 2018 and April of 2019 for 25% to 33% of the European subsidiary – which includes Nordic Cinema Group (NCG). Rival Vue is also believed to be preparing for an IPO.

Source: AMC to Seek IPO for Odeon Cinemas Group in 2018-2019 – BREAKING NEWS – Celluloid Junkie