The exhibition giant calls the bankruptcy exit update "a significant milestone as Cineworld moves towards emerging from this process in a strong financial position and with a more resilient capital ...
"Any deleveraging transaction will likely result in very significant dilution of existing equity interests in Cineworld," the debt-laden exhibition giant warns; its stock fell sharply. By Georg Szalai ...
In addition, the Canadian court denied Cineworld’s counterclaim. “We are pleased that the Court found Cineplex acted properly throughout this difficult period in our history,” said Cineplex CEO Ellis ...
Cineworld is closing six cinemas as part of its restructuring plan A petition to save a cinema due to close next year has already had close to 800 signatures in less than a week. Cineworld said its ...
LONDON (Reuters) - British cinema operator Cineworld Group said its chief executive and founder is to step down in March after 18 years with the business to "enjoy the fruits of his success". Steve ...
May 25 (Reuters) - Cineworld (CINE.L), opens new tab expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said on Thursday, adding that its proposed debt ...
Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said Wednesday that it has filed for Chapter 11 bankruptcy protection. The British company, which owns ...
Embattled cinema chain Cineworld has seen its share price rocket on Monday on reports of a possible takeover bid by industry rival Vue International. At 5.2p per share the leisure stock was last ...