GIC Scoops Up Shares in Cineworld

Posted on 03/09/2020


Global City Theatres B.V. is the largest shareholder of U.K. listed cinema operator Cineworld. Global City Theatres sold around 7.9% Cineworld for about 116 million pounds to buyers that include Singapore’s GIC Private Limited. A sovereign wealth enterprise (SWE) of GIC purchased 62 million of the 108 million shares sold in the deal, representing around […]