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Luc Besson's EuropaCorp Confirms Rescue Talks with U.S. Investment Group Vine

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Vine Alternative Investments, one of EuropaCorp's creditors, is eying an equity stake in Besson's troubled French production and distribution company.

Valerian and the City of a Thousand Planets, flopped at the U.S. box office, where it has grossed $7.5 million for Lionsgate/Summit. The company does not have any other films currently in production.

As of March 31, EuropaCorp’s net debt stood at $181 million. In May, the company was granted a six-month debt waiver to give it time to balance its books. Last month, the company posted a $125 million loss for the 2018-2019 financial year, Besson and his holding company FrontLine own 38 percent of EuropaCorp, with Chinese investors Fundamental Films holding 28 percent.See EuropaCorp's full statement below.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

rescue? possible ...

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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