AMC acquires Nordic Cinema

The global footprint of AMC Entertainment Holdings Inc, the US movie-theater chain owned by Dalian Wanda Group, is getting bigger.

AMC announced on Monday that it will acquire Nordic Cinema Group, further bolstering Wanda's presence in Europe's movie industry.

The $929 million deal will give Wanda ownership of the largest theater exhibitor in northern Europe. Stockholm-based Nordic Cinema operates 68 theaters and nearly 50 percent of 50 other associated venues, according to the Hollywood Reporter.