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Cineworld loses a third of its value after Cineplex court case


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Cineworld loses a third of its value after Cineplex court case

A court has ruled that Cineworld (CINE) pay $934 million in damages to Canada’s Cineplex in a breach of obligations. This after a deal, in which CINE would buy Cineplex, fell through just weeks before Covid struck.

https://www.ig.com/uk/market-insight-articles/cineworld-loses-a-third-of-its-value-after-cineplex-court-case-211215

Cineworld London - South Ruislip | Day Out With The Kids

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