Cineworld bosses secure near $35 mln exit payout- FT
16/06/2023 13:05
June 16 (Reuters) - Britain's Cineworld's CINE.L CEO
Mooky Greidinger and his management team have bagged a combined
payout approaching $35 million from the company's lenders to
sweeten their departure after the struggling cinema operator
emerges from Chapter 11 proceedings next month, the Financial
Times reported on Friday.
Cineworld did not immediately respond to a Reuters request
for comment.
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio
D'Souza)
((Radhika.Anilkumar@thomsonreuters.com;))