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A1 Group of Russia Buys Majority of AFM Cinemas in Turkey

Files under: News
Posted by: Yakov @ 13:23 [28. 02. 08]

EURASIA Cinemas, a newly created cinema holding controlled by A1 Group acquired a 51.9 percent majority stake in the largest Turkish cinema chain AFM Cinemas for $28.5 million, reports Turkish Daily News. A1 Group is the key investment division of Alfa-Group consortium in Russia.
According to the AFM company management, the Turkish box office reached $170 [...]