Cineworld seeking buyer for all assets, denies breakup report

Movie house owner Cineworld, which is in US bankruptcy protection, said it was looking for prospective buyers for the group’s assets as a whole, and not separately as some media reports suggested on Tuesday morning.
“Cineworld has not initiated and does not intend to initiate a separate marketing process for the sale of any of its assets on an individual basis. Furthermore, any sale transaction for the group as a whole would not include the sale of Cineworld itself and would therefore not be subject to the rules of the Takeover Code,” the company said in a statement.

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