FountainVest, CMC complete exit from IMAX China
FountainVest Partners and CMC Capital Partners have completed their exit from movie theater operator IMAX China, selling their last holding for an estimated HK$836 million ($108 million).
The GPs offloaded a 5.9% stake to an unnamed investment bank for HK39.72 per share, according to a release. The price represents a discount to the previous day’s closing price of HK$41.75. Based on market...
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