Luc Besson's EuropaCorp in Bailout Talks With Pathé

Luc Besson's EuropaCorp in Bailout Talks With Pathé
Luc Besson's EuropaCorp is in discussions with Pathé, the French studio behind In the Fade, to take a majority stake and give a much needed cash infusion in his struggling company as it looks to restructure its debt.

“The group Pathé has expressed interest in a potential stake acquisition in the capital of the company. This expression of interest, non-binding, is subject to the realization of several conditions precedent, in particular an agreement on the restructuring of the existing debts of the group,” the company said Wednesday in a statement after news leaked to French newspapers earlier in ...
See full article at The Hollywood Reporter »

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