Cineplex’s potential sale price compared with a 2019 bid
Bloomberg reports that an analyst expects Cineplex to draw offers worth half what it could have fetched before Covid-19, if it decides to sell.
TLDR
Cineplex, Canada’s largest movie theater chain, would likely receive offers worth half the price of a 2019 bid if it decides to sell, Bloomberg reports, citing an analyst.
Cineplex’s potential sale price compared with a 2019 bid
Bloomberg reports that an analyst expects Cineplex to draw offers worth half what it could have fetched before Covid-19, if it decides to sell.
TLDR
Cineplex, Canada’s largest movie theater chain, would likely receive offers worth half the price of a 2019 bid if it decides to sell, Bloomberg reports, citing an analyst.