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Cineworld said today it expects to emerge from Chapter 11 bankruptcy protection in July

Cineworld expects to exit Chapter 11 bankruptcy in July

Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said today, adding that its proposed debt restructuring has the backing of most of its lenders.

Business • 25 May 23

Cineworld has been ordered to pay C$1.23 billion in damages to Cineplex for abandoning a planned takeover

Cineworld hit by appeal in Cineplex legal battle

Cineworld Group said today that Canada's Cineplex has filed an appeal against its plea challenging an order the British cinema operator pay C$1.23 billion in damages to Cineplex for abandoning a planned takeover.

Business • 28 Jan 22

Cineworld is the world's second largest cinema operator

Cineworld shares tumble on damages over Cineplex deal

Cineworld shares plunged by 40% today after the British cinema operator was ordered to pay C$1.23 billion ($957m) in damages to rival Cineplex for abandoning a planned takeover, a decision it said it would appeal.

Business • 15 Dec 21

Cineworld cinemas were shut from the middle of March until August

Cineworld flags potential hit from further curbs

Cineworld said today it might need to raise more money if it is required to shut its cinemas again following fresh pandemic curbs, as the world's second-biggest cinema operator swung to a first-half loss.

Business • 24 Sep 20

Cineworld expects to reopen in the US and the UK on July 10

Cineworld secures $250m in debt ahead of reopening

Cinema operator Cineworld said today it had secured a $250m debt facility from a group of private institutional investors as it gears up to reopen cinemas following the easing of coronavirus-led lockdowns globally.

Business • 22 Jun 20

All of Cineworld's 787 cinemas across 10 countries have been shut due to the coronavirus pandemic

Cineworld closes all its cinemas in 10 countries

Cineworld's shares soared 36% today after it suspended its dividend and said it was in talks with landlords, film studios and major suppliers to offset the impact of the closure of all its 787 cinemas due to the coronavirus pandemic.

Business • 07 Apr 20

Cineword has been grappling with worries about the potential impact of the coronavirus on box office attendance as the epidemic shows no signs of slowing.

Cineworld may breach debt terms in worst case scenario

Cinema operator Cineworld said today it could breach the terms of its existing debt arrangements under a worst case scenario for the impact of the coronavirus over the next few months.

Business • 12 Mar 20

Cineworld in $2.1 billion deal for Canada's Cineplex

Cineworld to buy Canada's Cineplex for $2.1 billion

Cineworld Group said today it will buy Canada's Cineplex for $2.1 billion, including debt, making it the largest cinema operator in North America.

Business • 16 Dec 19

Cineplex