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 ...
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 ...
The world's second-biggest cinema chain was reacting to media reports from Friday. By Abid Rahman International Editor, Digital Cineworld Group, the owner of Regal Cinemas in the U.S., has confirmed ...
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 — 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 ...
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 ...
British movie theater operator Cineworld Group PLC has agreed to buy American counterpart Regal Entertainment Group for $3.6 billion, creating the world’s second-largest cinema operator. Cineworld ...
“The restructuring of the group, which will be implemented by way of the administration process, will transform the group’s balance sheet and provide it with significant additional liquidity to fund ...
Shares in the company gained as much as 8% in London. Cineworld became the second largest cinema business in the world by number of screens after it acquired Regal in 2017 for $3.6 billion. It closed ...
Regal Entertainment Group owner Cineworld Plc said there is still doubt about its viability as a business after posting a $3 billion loss last year because of the impact of the Covid-19 pandemic. U.K.