Cineworld on verge of collapse planning to file for bankruptcy in the UK and US
Cineworld on verge of collapse planning to file for bankruptcy in the UK and US
It is the second largest cinema business in the world (Picture: Getty Images)
The Cineworld Group is likely to file for bankruptcy within weeks, a new report suggests.
The second largest cinema business in the world is set to file a chapter 11 petition in the US, an ‘insider’ has said.
It is also considering filing an insolvency proceeding in the UK, the Wall Street Journal claims.
It comes after…
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