Oct 22 (Reuters) - Event Hospitality and Entertainment Ltd (EVT) on Monday said it would sell its German cinema exhibition division, CineStar, to Vue International Bidco Plc for as much as 221.8 million Euros ($255.38 million).
The divestiture is part of the film exhibition company's strategy to focus on its main growth-promoting businesses. ($1 = 0.8685 euros)
News: EVT Australia's Event Hospitality & Entertainment to sell German unit
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Mkt cap ! $2.249B | |||
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