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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Cineworld 'preparing to file for administration' as part of major restructuring plan

Cineworld is reportedly preparing to file for administration as part of a restructing plan.

The multinational cinema operator, whose brands include Regal, Cinema City, and Picturehouse, is said to be lining up AlixPartners to act as the administration of its London-listed holding company, according to Sky News.

Sources close to the company told Sky the administration plans could be announced by the end of the week.

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