RE: Good Omen27 Mar 2023 08:55
In UK company news, US activist investment firm Elliott Management is planning to take over beleaguered cinema chain Cineworld Group PLC's operations outside of the UK and the US, Sky News reported on Saturday.
Citing "insiders", Sky News said that Elliott has tabled a bid for the Brentford, London-based firm's operations in eastern Europe and Israel.
Elliott had explored a bid for the whole of Cineworld, but its most recent proposal excludes its UK and US operations, Sky said.
GLA for today and the rest of the week
ATB