Swedish exhibitor Astoria saved by SF Bio deal

By 2006-10-09T11:48:00

On the verge of bankruptcyfrom a debt estimated around $10.9m, Astoria Cinemas - Sweden's second-largest theatre circuit - was saved in the11th hour by arch rival, market leader SF Bio, which will take over the cinemasoutside the key cities of Stockholm,Goteborg and Malmo.

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