September 2, 2019 / 5:30 AM / 3 months ago

Kinepolis to enter U.S. market with acquisition of MJR

Sept 2 (Reuters) - Belgian cinema chain Kinepolis agreed to buy Michigan-based movie theater chain MJR Digital Cinemas for an enterprise value of $152.25 million to enter the U.S. market, it said on Monday.

“The acquisition of MJR fits perfectly into our expansion strategy,” Chief Executive Eddy Duquenne said.

Reporting by Pawel Goraj; Editing by Maria Sheahan ;

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