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FGS Global handles Cineworld Group PLC as it confirms media speculation that the owner of Regal Cinemas in the US is mulling Chapter 11 bankruptcy among its “strategic options” to deal with slumping movie ticket sales.
Cineworld, which acquired Regal in 2018 for $3.6B, has reported a recent uptick in attendance though admissions are well below expectations.
The world’s second-largest movie chain, after AMC Entertainment, faces coming maturities on its $5B debt load.
A Chapter 11 filing would restructure that debt and provide additional liquidity, the company said on Aug. 22.
Cineworld and Regal theaters remain open for business
FGS Global has James Leviton, Ed Treadwell and James Thompson directing the Cineworld business.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
