UK cinema chain Cineworld has pulled the planned sale of its businesses in Eastern Europe and Israel, after the proposals it received did not meet the value needed by its lenders.
London s FTSE 100 rose on Tuesday
as miners and oil stocks boosted the commodity-heavy bourse,
while shares of Cineworld slid as the world s second-largest
cinema chain operator filed a plan of. | April 11, 2023
London s FTSE 100 rose on Tuesday as miners and oil stocks boosted the commodity-heavy bourse, while shares of Cineworld slid as the world s second-largest cinema chain operator filed a plan of. | April 11, 2023
Shareholders in embattled movie theatre operator Cineworld will be cleaned out as part of the group's latest proposals to reorganise and exit Chapter 11.