Cineworld to Buy Eastern Europe Chain CCI, Greidinger to CEO

By Wiseman, Andreas | Screen International, January 10, 2014 | Go to article overview

Cineworld to Buy Eastern Europe Chain CCI, Greidinger to CEO


Wiseman, Andreas, Screen International


Cineworld set to buy about 100 multiplexes in eastern Europe, finalises new management team.

UK exhibitor Cineworld is set to buy about 100 multiplexes in eastern Europe and Israel in a deal worth about £500m.

Cineworld is buying the outlets from exhibitor Cinema City International (CCI), which operates in seven countries across Central and Eastern Europe and Israel.

The deal marks the UK company's first acquisition outside the UK and Ireland.

The UK company will pay CCI £272m in cash, and has launched a £110m rights issue to help fund the purchase.

The combined group will have 201 sites and 1,852 screens. Under the deal, CCI will get a 24.9% stake in the merged business.

On completion, the management team of the enlarged group will comprise of representatives from both Cineworld and CCI: Cineworld's Anthony Bloom will continue as chairman of the combined group, Mooky Greidinger, the current chief executive officer of CCI, will be appointed as chief executive officer; Cineworld's Philip Bowcock will remain as chief financial officer; Israel Greidinger, the current chief financial officer of CCI will be appointed as chief operating officer.

The new board will comprise of ten directors, six from the existing Cineworld board together with Mooky Greidinger and Israel Greidinger and two new non-executive directors: Scott Rosenblum (CCI's current chairman) and Arni Samuelsson (new independent director). …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Cineworld to Buy Eastern Europe Chain CCI, Greidinger to CEO
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.