Elliott bids for parts of Cineworld -Sky News
25/03/2023 13:59
March 25 (Reuters) - Activist investor Elliott
Management is planning a takeover of parts of London-based
cinema operator Cineworld Group CINE.L , Sky News reported on
Saturday.
Cineworld, the world's second-largest cinema chain operator,
is currently under Chapter 11 bankruptcy protection and has
failed to find a buyer for the whole company.
(Reporting by Mrinmay Dey in Bengaluru; editing by Jason Neely)
((Mrinmay.Dey@thomsonreuters.com;))