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Backed IMAX China Seeks $276M In Hong Kong IPO - Tune in for China's Financial Markets and Investment Opportunities
Posted on: Sept. 24, 2015, 4:44 p.m.
China Media Capital and FountainVest Partners are set for a partial exit from IMAX Corp's greater China business seventeen months after the two private equity firms acquired a 20% stake in the company for US$80 million. Major shareholders including China Media Capital, FountainVest and parent IMAX Corp. are selling 62 million shares in total at an indicative price range of HK$29.8 to HK$34.5 per share, according to media reports. The shares being sold are about 17% of IMAX China's total ... Full investment news article