Cineworld integrates US deal

Cineworld integrates US deal

The $5.8bn (£4.5bn) acquisition of US-based Regal Entertainment by Cineworld (CINE) has made it the second-largest cinema chain in the world by number of screens. Naturally, the scale of the deal had a dramatic impact on interim figures, not least by the switch to reporting in US dollars aimed at minimising the translational effect from foreign exchange rates. The US now accounts for around three-quarters of group revenue, compared with the UK and Ireland which bring in 14 per cent. 

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