The International Expansion Path Of Wanda: Mergers And Acquisitions, And Investment As A Supplement.

The goal of Wanda's international development is that by 2020, Wanda will earn $100 billion and more than 30% of its revenue will come from overseas.

Wanda has successively "swallowed" the second largest AMC companies in the United States, the Australian HOYTS cinema, the Swiss surplus sports, the world iron man company, and joined the Madrid athletics club in Spain, and built landmark buildings in key cities such as London, Madrid, Chicago, Losangeles and Sydney.

In March 3rd, AMC announced that it would buy Carmike Cinemas CKEC, the fourth largest cinema group in the United States for $1 billion 100 million. After the completion of the acquisition, AMC will surpass the imperial entertainment group of the United States and become the largest cinema company in the world.

Wanda has been in more than more than 10 countries.

At present, the total investment has reached more than 15 billion US dollars (about 98 billion yuan), and the investment in the US has exceeded 10 billion US dollars.

In 2016, Wanda will also complete 3 large-scale international mergers and acquisitions.

So, how much of the performance of Wanda Group can be obtained from overseas investment of about 98 billion yuan? In Wanda Group's work report in the first half of 2013, 2014 and the first half of 2015, Wang Jianlin described the income of the AMC cinema which cost 20 billion yuan to buy:

"In 2013,

105% of the revenue completion plan, net profit increased substantially year-on-year.

It's hard to get a point of growth in the United States, because the average annual growth rate of the US theater industry is only 1%.

"In 2014, AMC earned 16 billion 390 million yuan and completed 96% of its annual revenue plan, but exceeded its annual profit target."

"In the first half of 2015, AMC earned $1 billion 470 million, completing 49% of the annual plan, 100.2% of the first half plan, an increase of 6.1% over the previous year."

Compared with Wang Jianlin's description, the financial data of AMC cinema is not satisfactory.

The announcement said that in 2017 and beyond, the

It is expected to generate cost synergies of nearly US $35 million per year.

In addition, the acquisition can make AMC more diversified and expand the AMC's successful customer experience strategy to meet new customers in the complementary market.

In addition, it can reduce administrative expenses and defeat competitors with larger scale effect.

AMC currently has 5426 screens, and Carmike has about 2954 screens.

After the completion of the acquisition, AMC will have 663 theaters and 8380 screens in the 45 states of the United States. It will become the largest movie chain in the world. The Wanda Group will occupy the first place in the two largest cinemas market in China and the United States, and Wanda Group has also become the largest and most widely distributed movie channel network in the world.

The acquisition is AMC's independent acquisition of the US capital market.

This has also enabled Wanda to take a road of mergers and acquisitions, and mergers and acquisitions, and rapidly expand market share in the global cinema line industry.

In 2014, the Wanda Group bought the Spanish building, the landmark building in Madrid, Spain, at Euro 265 million (about 2 billion 200 million yuan).

The renovation plan of the building has not been settled yet, and Wanda's negotiations with the local government and some local people are constantly twists and turns.

When Wanda acquired the Spanish building, the then ruling party, the people's party, supported the reconstruction plan of Wanda, but in last year's local elections, the people's party lost its mayoral position in the "stronghold" Madrid, and the new leftist party "today's Madrid" party came into power.

To this end, Wanda submitted a reconstruction plan to the new government, but so far, no reply has been received.