• 11/10/2024

Cinema giant IMAX to take full ownership of China unit in US$124 million deal as it seeks ‘new opportunities’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The global entertainment company behind the widescreen technology that enables cinema owners to charge premium prices said it will buy a 29 per cent stake in the subsidiary that oversees its business in China, according to a filing to the Hong Kong stock exchange.

https://www.scmp.com/business/banking-finance/article/3227507/cinema-giant-imax-take-full-ownership-china-unit-us124-million-deal-it-seeks-new-opportunities?utm_source=rss_feed