Luc Besson’s EuropaCorp In Talks To Sell Multiplex Business To Gaumont-Pathé

Luc Besson's EuropaCorp has entered exclusive negotiations with France's largest exhibitor, Cinémas Gaumont-Pathé, to sell off its multiplex business. The company announced the news Friday, a day after it unveiled that China's Fundamental Films was set to become the company's second-biggest shareholder (behind Besson) in a $67 million (€60M) deal. The potential sale of the exhibition business represents another part of EuropaCorp's strategy to refocus on its core business…
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