EuroDisney will carry out a recapitalization of one billion euros. This was announced in a press release by the same company that manages the theme park Disneyland Paris. The capital increase, we read, will be supported and guaranteed by the American parent company The Walt Disney Company.
The group, on which a huge debt has weighed since its inception, has had numerous difficulties in recent years, due to a sharp decline in visitors. It is also probable that Euro Disney will effect a "delisting", ie the exit from the Paris Stock Exchange.
Meanwhile, after the announcement of the recapitalization project, the quotations of Euro Disney are sinking on the Paris Stock Exchange. In mid-morning, in fact, the share of the company that manages the Disneyland park dropped more than 20%, against a positive trend, in the same minutes, of the French stock market.
