London-Listed Cineworld Prepares To File For Administration; Cineworld Is Lining Up AliXPartners To Act As Administrator
Portfolio Pulse from Benzinga Newsdesk
London-listed Cineworld is preparing to file for administration and is lining up AlixPartners to act as administrator, according to Sky News.
June 13, 2023 | 4:56 pm
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NEUTRAL IMPACT
Cineworld's potential administration may impact AMC as a competitor in the movie theater industry.
Cineworld's potential administration filing may have an indirect impact on AMC as a competitor in the movie theater industry. However, the extent of the impact is uncertain as it depends on various factors such as market conditions and the overall health of the industry.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50