PATHE and GAUMONT, two major brands in French cinema, will regroup their cinemas within a company called EUROPALACE, 66% held by PATHE and 34% by GAUMONT and which will become the largest French and one of the first European operators. Concretely, GAUMONT will bring to the common entity its network of halls in France and PATHE its majority stake in its network in the Netherlands and its activities in Switzerland and Italy. EUROPALACE will have a pro forma turnover of FF 2 billion and will...