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- Cineworld has said it will raise new funding as it dropped plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. The troubled cinema chain saw its share price fall by nearly 30% after announcing it would terminate the move.
www.bbc.com/news/business-65159744.amp
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May 25, 2023 · Earlier this month, the company received US bankruptcy court approval to raise $2.26bn in its bid to exit the arrangement after a settlement was reached with a minority of lenders that had opposed parts of the financing. Final court approval of the bankruptcy restructuring is scheduled for 12 June.
- Sarah Taaffe-Maguire
Apr 3, 2023 · Cineworld has said it will raise new funding as it dropped plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. The troubled cinema chain saw its share price...
Apr 3, 2023 · BBC News. Cineworld has said it will raise new funding as it dropped plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. The troubled cinema chain saw its...
Dec 15, 2023 · Cineworld has now entered its seventh year of a proud partnership with BBC Children in Need. In 2023, £150,000 was raised to transform the lives of children across the UK, and we've raised £2.4 million to date.
Feb 2, 2022 · Partly due to lockdown closures pushing Cineworld to raise emergency financing, and in part due to its existing debt load, the company is already on the hook for billions of dollars in loans to...
- Alice Hancock
Aug 27, 2022 · © Rob Latour/Shutterstock. Mooky is expected to be given a stake in the restructured company, according to two people with knowledge of the details. The restructuring will also allow Cineworld to...
Apr 3, 2023 · Cineworld Group Plc is planning to raise $2.26 billion, according to a court filing on Sunday, as the theater chain aims to emerge from Chapter 11 bankruptcy in the first half of 2023.
