Cineworld to apply for administration in UK
26th Jun 2023 07:58
(Sharecast News) - UK cinema chain Cineworld on Monday said it was applying for administration as part of its proposed restructuring plan.
Read moreCineworld expects to exit Chapter 11 bankruptcy in July
25th May 2023 08:20
(Sharecast News) - Cineworld said on Thursday that it expects to exit Chapter 11 bankruptcy in July.
Read moreCineworld pulls sale of East Europe, Israel businesses
18th Apr 2023 07:38
(Sharecast News) - 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.
Read moreCineworld wipes out shareholders with latest restructuring proposal
11th Apr 2023 08:42
(Sharecast News) - 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.
Read moreCineworld strikes deal to exit Chapter 11, shares tumble
3rd Apr 2023 07:22
(Sharecast News) - Embattled cinema chain Cineworld Group said on Monday that it has struck a deal with lenders as it looks to exit Chapter 11 bankruptcy protection.
Read moreCVC Capital Partners said to plan bid for parts of Cineworld
27th Mar 2023 11:45
(Sharecast News) - Cineworld has reportedly been approached by buyout firm CVC Capital Partners about a takeover of parts of the struggling group.
Read morePicturehouse founder planning to buy chain from Cineworld - report
7th Mar 2023 12:48
(Sharecast News) - The founder of boutique cinema chain Picturehouse is reportedly hatching a plan to buy it back as part of a potential break-up of Cineworld.
Read moreCineworld to exit Chapter 11 in H1, sees no recovery for shareholders
24th Feb 2023 07:38
(Sharecast News) - Cineworld said on Friday that it has received non-binding proposals for some or all of its businesses but that none of these involve an all-cash bid for the entire business and any sale will not provide recovery for shareholders.
Read moreCineworld yet to receive any firm offers for whole business, shares slump
22nd Feb 2023 14:34
(Sharecast News) - Cineworld slumped on Wednesday after it emerged the cinema chain has yet to receive any firm offers for the whole business.
Read moreVue lines up backing for Cineworld takeover offer - report
13th Feb 2023 11:56
(Sharecast News) - Vue has reportedly lined up financial backing from its new shareholders to help put together a takeover bid for beleaguered rival Cineworld.
Read moreCineworld seeking buyer for all assets, denies breakup report
3rd Jan 2023 12:10
(Sharecast News) - Movie house owner Cineworld, which is in US bankruptcy protection, said it was looking for prospective buyers for the group's assets as a whole, and not separately as some media reports suggested on Tuesday morning.
Read moreAMC Entertainment abandons talks to buy Cineworld cinemas
21st Dec 2022 15:35
(Sharecast News) - Cineworld shares fell on Wednesday after it emerged that US cinema chain AMC Entertainment had held talks with the company's lenders about buying some of its cinemas in the US and Europe as part of its bankruptcy process, but later abandoned the idea.
Read moreCineworld denies breakup talks
5th Dec 2022 08:27
(Sharecast News) - Movie theatre operator Cineworld Group said on Monday that it will emerge from bankruptcy in one piece following news that senior lenders were mulling over the sale of its east European operations.
Read moreCineworld narrows losses but highlights weaker admissions
30th Sep 2022 08:03
(Sharecast News) - Cineworld posted a narrowing of its interim losses on Friday but cautioned that third-quarter admissions have been below expectations and are expected to remain below pre-pandemic levels over the next two years.
Read moreCineworld gets access to about $785m of financial aid
9th Sep 2022 09:16
(Sharecast News) - Cineworld surged on Friday after a US bankruptcy court gave the cinema chain access to up to $785m of an approximately $1.94bn debtor-in-possession financing facility as part of its Chapter 11 bankruptcy filing.
Read more