Kinowelt may be forced into insolvency

By 2001-11-26T11:14:00

Just four days ahead of the presentation of its nine-month figures on November 30, embattled German media concern Kinowelt Medien may now have to file for insolvency after ABN Amro Bank announced its intention to call in loans of more than $45.1m (DM 100m) to Kinowelt as from November 28.

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