Stock Market News
Cineworld to file for administration as part of restructuring plan – Sky News
2023.06.13 13:23
© Reuters. FILE PHOTO: A Cineworld in Leicester Square, London, Britain, October 4, 2020. REUTERS/Henry Nicholls/File Photo
(Reuters) – British cinema chain operator Cineworld is preparing to file for administration as a part of a financial restructuring plan, Sky News reported on Tuesday.
The company is lining up AlixPartners to act as administrator to help with the transfer of ownership to its lenders, the report added.
