Shares in Cineworld plunged more than 30% Monday, hitting their lowest level since late August, after the owner of Regal Cinemas said it planned to terminate efforts to sell its US, UK and Irish ...
Following last week’s announcement, Cineworld officially will cease trading on the London Stock Exchange at 8 a.m. BST Tuesday. “As previously announced by Cineworld, the restructuring of the Group, ...
The exhibitor and its creditors are looking to shop the company for sale or complete a reorganization via a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief Exhibition giant Cineworld ...
Movie theater giant and Regal owner Cineworld said on Thursday that it now expects to emerge from Chapter 11 bankruptcy in July. The second-largest exhibitor in the world had previously targeted to do ...
AMC Entertainment CEO Adam Aron reacted on Twitter to rival movie theater chain Cineworld filing for bankruptcy Wednesday. Cineworld, the world's second-largest cinema chain behind AMC Theaters, said ...
Canadian movie theater chain Cineplex Inc. has approached lenders to its bankrupt rival Cineworld Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group ...
The Situation: Four UK companies within the Cineworld Group ("Cineworld") have obtained court sanction to an English-law Part 26A restructuring plan ("RP"). Cineworld became financially distressed ...
The ratings firm cited debt reductions and improved cash flow to assign a B rating and a stable outlook for the exhibition giant after its bankruptcy restructuring. By Etan Vlessing Canada Bureau ...
Exhibition giant Cineworld, which filed for Chapter 11 bankruptcy in the U.S. last September, has said it will not sell off any of its assets individually, and has clarified that neither it nor its ...