Cineplex Inc (TSX:CGX)
C$ 7.4 0 (0%) Market Cap: 471.26 Mil Enterprise Value: 2.22 Bil PE Ratio: 3.18 PB Ratio: 77.89 GF Score: 77/100

Cineplex Inc., Cineworld Group plc - M&A Call Transcript

Dec 16, 2019 / 09:30AM GMT
Release Date Price: C$33.95 (+41.40%)
Moshe Greidinger
Cineworld Group plc - CEO & Executive Director

Everyone, I hope you hear me well. But thank you for coming. Okay. So we'll go through the agenda very briefly. Transaction highlights, Cineplex overview, creation of the leading cinema operator in North America, transaction structure, expected time line and summary.

So we'll start with the highlights. Most of you are aware, but I'll go through this briefly. Acquisition of Cineplex is the #1 exhibition circuit in Canada, holding 75% of the market share in the Canadian market, 165 cinemas with approximately 1,700 screens. Highly synergetic (sic) [synergistic] deal. I think that what jumps out immediately when we look at the acquisition and when we analyzed it in the past few months. And very deeply in the last few weeks, really great synergistic opportunity which means $130 million run rate as a combination benefits. Of course, this will be reached by applying best practice by sides of revenues and by side of costs. And we will go in details in a few minutes.

Post synergy, we are showing a business which will be on the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot