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Company News

Cineworld to buy Canada's Cineplex for $2.1 bln

Dec 16 (Reuters) - British cinema operator Cineworld Group Plc said on Monday it will buy Canada’s Cineplex Inc for $2.1 billion, including debt to expand its operations.

Cineplex shareholders will receive C$34 per share in cash. (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Rashmi Aich)

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