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 ...
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 ...
Cineworld Group has entered into “restructuring support” and “backstop commitment” agreements with its lenders that could help the Regal Cinemas owner emerge from Chapter 11 bankruptcy. The lenders ...
May 2 (Reuters) - Bankrupt movie theater chain Cineworld (CINE.L), opens new tab received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a ...
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 ...
Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover ...
Eric Foss is expected to become chairman of the board of NewCo. By Georg Szalai Global Business Editor Cineworld lenders have agreed to appoint Eduardo Acuna as CEO of the newly incorporated parent ...
Imax Corp. CFO Natasha Fernandes said the company is “not exposed as much” as other business partners of Cineworld to the Regal Cinemas parent’s bankruptcy filing. The No. 2 global exhibitor made the ...
Beleaguered cinema giant Cineworld, the world’s second biggest movie theater chain and owner of Regal Cinemas, confirmed on Monday it is considering filing for bankruptcy in the U.S. as it struggles ...
Exhibition giant Cineworld has revealed lower than expected cinema admissions, which could potentially lead to equity dilution, going forward. In an update on Wednesday on its current trading, ...
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