Euro Disney shareholders approve 1bn euro recapitalisation

Shareholders of Euro Disney, which operates Disneyland Paris, on Tuesday approved a recapitalisation plan to raise one billion euros to revive the struggling theme park burdened by huge debt and fewer visitors. At a general assembly meeting in Paris, the stakeholders present voted in favour of a series of measures including 420 million euros of fresh funds from the US parent group, The Walt Disney Company.

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