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BRIDGEPOINT – SALE OF NORDIC CINEMA

3 febrero, 2017

Pan European Private Equity firm Bridgepoint has announced the sale of Nordic Cinemas Group to trade buyer AMC Theatres in a deal valued at close to SEK 8,250m ($929m). Bridgepoint, which acquired the company in April 2015, is expected to make a 2.5x return and an IRR of 68% with the sale. Based in Sweden, Nordic Cinema operates 68 theatres in the Nordic and Baltic countries.