BRIEF-Kinepolis Agrees To Buy 13 U.S. Showcase Cinemas

June 11 (Reuters) - Kinepolis Group NV KIPO.BR:

  • AGREES TO BUY 13 US SHOWCASE CINEMAS

  • TO ADD 164 SCREENS AND 17,794 SEATS TO PORTFOLIO

  • SHOWCASE CINEMAS GENERATED OVER $90 MILLION REVENUE WITH 4 MILLION VISITORS IN 2025

  • ACQUISITION ENTERPRISE VALUE SET AT $30 MILLION

  • EXPECTS TO COMPLETE ACQUISITION BY END OF SUMMER 2026

Source text: ID:nGNE3vzCHK

Further company coverage: KIPO.BR


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