World Economy
0

Euro Disney Faces 2nd Bail-Out

Euro Disney Faces 2nd Bail-OutEuro Disney Faces 2nd Bail-Out

Euro Disney SCA, the company that runs Disneyland Paris, said Monday it is to get its second bail-out from its parent company in three years, with a $1.25 billion recapitalization plan to cut its crippling debt burden. The company is to raise $527 million with a shareholder rights issue, Fortune reported.

 

Financialtribune.com