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Nov 2, 2023 · Cineworld shares were delisted. Given the challenges it was facing, Cineworld advised in mid-2022 that it has been taking steps to obtain additional liquidity and restructure its balance sheet to deleverage itself.
Jun 26, 2023 · Following an application to the FCA (Financial Conduct Authority), the shares will be suspended shortly after the board’s decision to appoint administrators, which is currently expected to take place in July 2023.
- Martin Gamble
Feb 24, 2023 · Feb 24 (Reuters) - Cineworld (CINE.L) said on Friday its shareholders may see the value of their equity wiped out as it looks to exit from Chapter 11 bankruptcy protection after it failed to...
Apr 11, 2023 · April 11 (Reuters) - Cineworld (CINE.L) said on Tuesday it had filed a reorganisation plan in a Texas bankruptcy court that will effectively wipe out existing shareholdings, sending its stock...
Feb 24, 2023 · Cineworld entered bankruptcy protection in September, weighed down by heavy debts accumulated in part during Covid-19. Today the company owes around six billion dollars. Shares in the business...
Jun 26, 2023 · Cineworld, which is the world's second-largest cinema chain, was hit hard by the Covid pandemic when many of its theatres were forced to close. But it has now announced plans to slash its $5bn...
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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...
