Cultural Investment Holdings - Acquires Framestore for $187M
Cultural Investment Holdings Co., a Chinese conglomerate, has finalized a deal to acquire British visual effects company Framestore for nearly $187 million, valuing the firm at approximately £150m. Framestore, renowned for its work on 'Gravity,' the 'Harry Potter' series, and 'Doctor Strange,' is the latest Western firm to join the expanding portfolio of Chinese-owned enterprises in...
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