Slaughter and May is advising Cineworld Group in connection with its proposed combination with the cinema operations of Cinema City International ("CCI"). The transaction is based on an enterprise value of the cinema operations of CCI of approximately £503 million and will be financed through the proceeds of a rights issue, new debt facilities and this issue of Cineworld shares to CCI. The combination will create the second largest cinema operator in Europe.

Slaughter and May is working in close collaboration with Paul, Weiss, Rifkind, Wharton & Garrison (US law), Soltysinski Kawecki & Szlezak (Polish law), Djingov, Gouginski, Kyutchukov & Velichkov (Bulgarian law), Nagy es Trocsanyi (Hungarian law), Havel, Holasek & Partners (Czech and Slovakian law), Nestor Nestor Diculescu Kingston Petersen (Romanian law) and Herzog Fox & Neeman (Israeli law).

CONTACTS

Corporate and Commercial: David Johnson (partner), Mark Zerdin (partner), Sally Wokes (associate), Sarah Ullathorne (associate), Elizabeth Frost (associate), Jonathan Cohen (associate), Harriet Gallagher-Powell (associate), Stephanie Bragg (associate); Debt Financing: Guy O’Keefe (partner), Nicole Mangion (associate), George Silber (associate); Employment: Roland Doughty (partner); Tax: Gareth Miles (partner), Ed Milliner (associate); Real Estate: Jane Edwarde (partner), Mark Gulliford (associate); Competition: Bertrand Louveaux (partner), Jonathan Slade (associate)