Regal Entertainment Group (RGC.N)
15 Dec 2017
* THE ANSCHUTZ FOUNDATION REPORTS 8.67 PERCENT PASSIVE STAKE IN REGAL ENTERTAINMENT GROUP AS OF DECEMBER 4 - SEC FILING Source text : http://bit.ly/2ksCETW Further company coverage:
LONDON One of the biggest shareholders in Cineworld has expressed concern about the company's $3.6 billion takeover of bigger U.S. rival Regal Entertainment, saying it is uncomfortable with the debt the British business will take on to finance the deal.
LONDON, Dec 12 One of the biggest shareholders in Cineworld has expressed concern about the company's $3.6 billion takeover of bigger U.S. rival Regal Entertainment, saying it is uncomfortable with the debt the British business will take on to finance the deal.
Britain's Cineworld Group Plc sealed an agreement to buy larger U.S. peer Regal Entertainment Group on Tuesday for $3.6 billion in cash, a deal that would create the world's second largest movie theater operator. | Video
Dec 5 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
* SAYS IF CINEWORLD DEAL TERMINATED UNDER SOME CIRCUMSTANCES SPECIFIED IN AGREEMENT, CO TO HAVE TO PAY CINEWORLD GROUP FEE OF $95.2 MILLION
* Deal puts combined company in better position to take on AMC
LONDON, Dec 5 The UK's top share index edged up on Tuesday, outperforming European peers as sterling slid in the wake of Prime Minister Theresa May's failure to clinch a deal to open post-Brexit free trade talks with the European Union.
Dec 5 Britain's FTSE 100 futures is up 0.05 percent ahead of the cash market open.
* REACHED AGREEMENT ON TERMS OF A RECOMMENDED PROPOSAL FOR CINEWORLD TO ACQUIRE, FOR CASH, ENTIRE ISSUED SHARE CAPITAL OF REGAL