PE-backed STX Entertainment files for Hong Kong IPO
STX Entertainment, a film and TV studio that claims to bridge the US and Chinese markets, has filed for an IPO in Hong Kong. The company’s investors include Hony Capital and TPG Capital’s growth arm.
No indication is given in the prospectus as to the size and pricing of the offering. The proceeds have been earmarked for M&A in China to develop production and distribution capabilities and to acquire...
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