Cineworld to file for administration as part of restructuring plan - Sky News
13/06/2023 18:06
June 13 (Reuters) - British cinema chain operator
Cineworld CINE.L 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.
(Reporting by Shreyaa Narayanan in Bengaluru; Editing by
Shailesh Kuber)
((Shreyaa.Narayanan@thomsonreuters.com;))