IMAX and its Chinese dream
By Liu Wei | China Daily | Updated: 2014-04-22 07:24
IMAX has a Chinese dream for the fastest growing film market in the world.
On April 16 in Beijing, the company known for its giant-screen technology announced the official start of the cooperation with CMC Capital Partners, China's leading investment fund chaired by Li Ruigang, and FountainVest Partners, a leading China-focused private equity firm.
The two Chinese companies purchased a 20 percent stake in IMAX's Greater China subsidiary for $80 million on April 8.
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