UK cinema chain reveals float plans

The UK’s second largest cinema chain, Cineworld, announced plans to float today.

UK cinema chain reveals float plans
Tue, 24 Apr, 2007 - 08:04

The UK’s second largest cinema chain, Cineworld, announced plans to float today.

Shares in the Chiswick-based company, currently owned by private equity group Blackstone, will offered at between 155p and 185p a share on the London Stock Exchange on Friday, giving the company an indicative market value of up to £245.9m (€362.2m).

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