Cineworld Group Plc, a British operator of movie theaters, is in talks to acquire U.S. peer Regal Entertainment Group (RGC) for approximately $3.6 billion in cash, the companies said on Tuesday.
Update(s):
December 05, 2017: British movie theater operator Cineworld Group PLC has agreed to buy American counterpart Regal Entertainment Group (RGC) for $3.6 billion, creating the world’s second-largest cinema operator.