(Alliance News) - Cineworld Group PLC is working with AlixPartners on options for its UK business which could lead to a sale or restructuring such as a company voluntary arrangement, Sky News reported on Saturday. Read More
Cineworld Group PLC - London-based cinema chain - Says its parent company has formally entered administration, following outlining such plans on Friday last week. Says this does not apply to any of the operating companies or subsidiaries in the rest of the group, and will not affect the status or rights of any of the group's employees. Read More
(Alliance News) - Cineworld Group PLC announced on Friday that it had suspended its shares from trading at the company's request and that it will enter administration on Monday. Read More
(Alliance News) - Equity prices in Europe were mixed heading into Monday afternoon, with a warning of the challenges facing the Chinese economy hurting investor sentiment at the start of a busy week of central banking action. Read More
(Alliance News) - The dual offerings of Barbie and Oppenheimer prompted the biggest weekend for UK cinema-going since 2019, according to the UK Cinema Association. Read More
Cineworld Group PLC - London-based cinema chain - Says US Bankruptcy Court for the Southern District of Texas, Houston Division yesterday confirmed third amended joint chapter 11 plan of reorganisation. Allows it to implement restructuring transactions after satisfying certain conditions. Plan involves the release of about USD4.53 billion of Cineworld's funded indebtedness, as well as a rights off to raise USD800 million, and USD1.46 billion in new debt financing. Cineworld expects to enter into administration in the UK shortly before the emergence from chapter 11 proceedings. Cineworld still expects to emerge from the chapter 11 cases in July. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Alliance News) - Stock prices in London were lower at midday on Monday, as an aborted uprising in Russia over the weekend and hawkish moves from central banks over the past two weeks caused investors to tread carefully. Read More
(Alliance News) - Cineworld Group PLC on Monday said it has filed for administration in the UK as part of its restructuring in an attempt to reduce debt levels. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Cineworld Group PLC on Thursday said it expects to emerge from Chapter 11 proceeding in July and, during its restructuring process, will continue to operate as usual. Read More
(Alliance News) - Stock prices in London were mixed at midday on Tuesday, as markets pondered the implications of a higher-than-expected UK employment rate, while the FTSE 100 benefited from gains by commodity stocks. Read More
(Alliance News) - Cineworld Group PLC on Tuesday said it has abandoned plans to sell its operations outside the US, UK and Ireland. Read More
(Alliance News) - Stocks in London returned from the long Easter weekend in an upbeat mood, closing in the green on Tuesday. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, with the market mood positive after the IMF predicted that the current period of robust interest rates will only be temporary. Read More
(Alliance News) - Beleaguered cinema chain Cineworld Group PLC on Tuesday updated on its Chapter 11 proceedings in the US, filing a plan of reorganisation in a Texas bankruptcy court and a disclosure agreement. Read More
(Alliance News) - Stocks in London are called to open higher on Tuesday, with European markets expected to begin the abbreviated week strongly following the long Easter weekend. Read More
(Alliance News) - Stocks in London were largely higher at the close on Monday, with oil stocks star performers following a surprise production cut from the OPEC+ over the weekend. Read More
(Alliance News) - Cineworld Group PLC on Monday said it has entered into a restructuring support agreement and backstop commitment agreement with lenders to support its financing plan. Read More