Sale of AMC cinemas closes curtain on Dalian Wanda's global dream

Deal tests tycoon Wang Jianlin's claims to 'always profit' on investments

20210524N AMC 2

Dalian Wanda's stake in U.S. theater chain AMC Entertainment has gone from 100% to 0.002%.  © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Dalian Wanda Group's $2.6 billion acquisition of U.S.-based AMC Entertainment Holdings in 2012 was historic not only for the Chinese buyer, but also for corporate China overall.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.