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Cineworld’s Share Price Leaps 23% On Vue Takeover Speculation

Por: Forbes Business February 13, 2023

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Photo by Matthew Horwood/Getty ImagesGetty Images Embattled cinema chain Cineworld has seen its share price rocket on Monday on reports of a possible takeover bid by industry rival Vue International. At 5.2p per share the leisure stock was last trading 23% higher in start-of-week business. Sky News reports that two funds managed by Barings and Farallon Capital Management have agreed to provide Vue with cash in order to pursue acquisitions. It... + full article



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