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Regal Owner Cineworld Says It’s Been Approached by Multiple Buyers Amid Bankruptcy Process The exhibitor and its creditors are looking to shop the company for sale or complete a reorganization ...
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.
Regal owner Cineworld will not sell any of its assets individually, and has denied it participated in talks with AMC on the sale of any of its cinemas ...
Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a settlement with a minority faction of ...
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.
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 ...
Cineworld said Cinépolis top executive Eduardo Acuna has been proposed as the new CEO of the group after its Chapter 11 reorganization.
Imax CFO Natasha Fernandes said the company is "not exposed as much" as other business partners of Cineworld to the exhibitor's bankruptcy.
The company said its Cineworld and Regal cinemas will remain “open for business as usual” as it considers strategic options to turn business around.
Exhibition giant Cineworld has revealed lower than expected cinema admissions, which could potentially lead to equity dilution.
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