terça-feira, 7 de outubro de 2014

EuroDisney rescued by "Uncle Sam"

Home-American mother presented a plan to refinance the European branch which is faced with a debt of EUR 1700 million, after the company's shares registered a fall of 54% in the last five years.

Disney announced the injection of 420 million euros in Paris, as well as a public operation of sale on the stock exchange to convert into shares approximately 600 million euros of debt.

Despite being the most visited private park of Europe, with 15 million entries last year, EuroDisney finances continues in the red after three restructuring plans.

The announcement of the rescue of the Cinderella's Castle by "Uncle Sam" brought down the value of the action of Eurodisney in Paris stock in 20%.

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