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 second-largest exhibitor in the world had previously targeted to do so "by mid-year." By Georg Szalai Global Business Editor Cineworld had filed for Chapter 11 bankruptcy protection in September ...
Cineworld, a major player in the U.K. cinema market, has revealed plans to close six of its locations as part of a broader Restructuring Plan (RP) aimed at revitalizing the company’s financial health.
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 ...
Beleaguered multinational cinema operator, Cineworld says that it anticipates exiting the U.S.’s Chapter 11 bankruptcy system in the first half of this year. The company revealed Tuesday that it has ...