From THR (from earlier this week):
"Swiss distributor Falcom has secured all rights in German-speaking Europe for Cosmopolis, David Cronenberg‘s adaptation of the Don DeLillo novel starring Robert Pattinson as a billionaire Wall Street broker travelling on a odyssey through Manhattan to get a haircut. Colin Farrell was originally slated to play the lead before being replaced by the Twilight star.Cosmopolis also features Paul Giamatti, Juliette Binoche,Smantha Morton and Canadian actress Sarah Gadon.
Falcom plans to bow the film this year in Germany, Austria and Switzerland. A domestic release date has yet to be set."
Update from the official Falcom distributor site (translated):
"LINE UP 2012
This year, Falcom is increasingly going to focus on international productions: In spring, it starts off with David Cronenberg's new film Cosmopolis with Robert Pattinson in the role of a billionaire Wall Street broker who gets involved in sex, gambling and power. (...)"
More details on Falcom's site for Cosmopolis here.
So does this really mean a release at Cannes? Remember the poster with the release date "May 18th, 2012" which was spotted at the Berlinale? We'll keep our fingers crossed!