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(Alliance News) - Cineworld Group PLC on Monday said it has filed for administration in the UK as part of its restructuring in an attempt to reduce debt levels. Shares in Cineworld fell by 29% to 0.52 pence each in London on Monday morning. The London...
Regal owner Cineworld Group will file for administration in the U.K. and delist its shares from the London Stock Exchange. In the latest update on its restructuring plan, Cineworld said its business would not be impacted by a planned emergence from U.S. bankruptcy protection set for July as assets in the cinema chain would be […]
Cineworld Group’s 16-year life as a public company will draw to a close next month as administrators prepare to transfer all its assets to a new private corpora
The Cineworld Group will file for administration in the U.K., but the business will continue without interruption. Cineworld Group and its subsidiaries had…